Award

Provision of bus service - Route 476

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

27 Mar 2024 at 12:13

Award

08 Sep 2023 at 09:56

Summary of the contracting process

The procurement process for the provision of bus service route 476 by Transport for London has progressed to the award stage. The contract has been awarded to London General, with a total value of GBP 5,130,000. The contract period is set to start on January 27, 2024, and end on January 25, 2030. The procurement method used was a selective competitive procedure with negotiation. The opportunity was suitable for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs).

This contract presents a growth opportunity for businesses operating in the public road transport services industry, particularly those interested in providing bus services in London. Interested parties should prepare to engage in competitive negotiation processes and meet the procurement deadlines set forth by Transport for London. Businesses offering innovative solutions and a strong track record in delivering similar services are well-suited to compete for this contract and potentially expand their operations significantly over the six-year contract period.

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Notice Title

Provision of bus service - Route 476

Notice Description

Provision of bus service route 476 for 6 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-b5fd17-52172159-8cfc-4513-a02d-5bbd292b562d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/34a923f4-bfd9-43d4-af4d-9a0ec8155166
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
£6,201,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,130,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20241 years ago
Submission Deadline
10 Jan 2023Expired
Future Notice Date
Not specified
Award Date
25 Apr 20232 years ago
Contract Period
27 Jan 2024 - 25 Jan 2030 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
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 GENERAL

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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