Award

Provision of bus service - Route 125

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 16:11

Summary of the contracting process

Transport for London has completed the procurement process for the "Provision of bus service - Route 125." The tender falls under the industry category of Public road transport services (CPV code 60112000) and will operate within London, United Kingdom. The tender pursued a competitive procedure with negotiation (above threshold) and reached the award stage, with the award being published on 6th December 2024. Key dates include the end of the tender period on 6th August 2024 and the start of the contract period on 1st February 2025, lasting until 28th January 2028. The procurement is valued at approximately £6,937,707 GBP.

This tender represents a significant business opportunity for companies in the public transport sector, particularly those specialising in bus services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to engage, given the suitability criteria outlined. The awarded supplier, London Sovereign, highlights the potential for large-scale operators to secure long-term, high-value contracts in Central London's robust public transport market. Engaging in such tenders can significantly contribute to business growth and establishment within the transit service industry.

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Notice Title

Provision of bus service - Route 125

Notice Description

Provision of bus service route 125 for 3 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-382afeed-0388-425e-8319-8a71bb94894d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/01ab4440-98d2-4a21-83ba-05a64b0adf9e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

60 - Transport services (excl. Waste transport)


CPV Codes

60112000 - Public road transport services

Notice Value(s)

Tender Value
£6,937,708 £1M-£10M
Lots Value
Not specified
Awards Value
£6,937,707 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
6 Aug 2024Expired
Future Notice Date
Not specified
Award Date
1 Sep 20241 years ago
Contract Period
1 Feb 2025 - 28 Jan 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 8NJ
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

LONDON SOVEREIGN

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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