Award

Provision of bus service - Route 314

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

11 Jan 2024 at 15:25

Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service route 314 in London. The contract, valued at £6,613,896 GBP, was awarded to Stagecoach Selkent following a selective procurement process with negotiation above threshold. The contract period is set to start on August 31, 2024, and run until August 29, 2031, creating opportunities for businesses in public road transport services. The tender closed on September 5, 2023, and the award was made on October 12, 2023.

The award of this contract presents opportunities for businesses operating in public road transport services to collaborate with Transport for London. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organizations (VCSEs) would be well-suited to compete due to the tender's competitive procedure with negotiation. The long-term nature of the contract provides stability for businesses looking to grow in the public transport sector, offering a chance for sustainable business development in London.

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Notice Title

Provision of bus service - Route 314

Notice Description

Provision of bus service route 314 for 7 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-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6806ce25-5e47-4e8f-b2e2-5b75d313f1ba
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
£6,613,896 £1M-£10M
Lots Value
Not specified
Awards Value
£5,786,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jan 20242 years ago
Submission Deadline
5 Sep 2023Expired
Future Notice Date
Not specified
Award Date
11 Oct 20232 years ago
Contract Period
30 Aug 2024 - 29 Aug 2031 Over 5 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
Richard Rampton
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
Not specified

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

STAGECOACH SELKENT

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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