Award

Provision of bus service - Route 262

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

30 Apr 2024 at 13:36

Award Notice
Award

29 Sep 2023 at 15:15

Award Notice
Summary of the contracting process

The procurement process for the provision of bus service Route 262 was completed by Transport for London. The contract value is £3,957,000 with a contract period from 30th March 2024 to 28th March 2031. This competitive procedure with negotiation above threshold was carried out through a selective procurement method. The tender period ended on 30th May 2023, and the contract was awarded on 3rd July 2023 in London, United Kingdom.

This tender presents a growth opportunity for businesses in the public road transport services sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) can leverage their expertise to compete in this procurement. Companies providing services related to public transport and route operations would be well-suited to participate in this tender by catering to the specific requirements outlined by Transport for London during the procurement process.

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Notice Information

Notice Title

Provision of bus service - Route 262

Notice Description

Provision of bus service route 262 for 7 years. Please note, costs posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-58f34ef5-b5d6-4271-82bc-49a66d54220b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1dd90bc4-28d5-452f-94cc-6c9f9ecd2820
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
£3,957,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,493,451 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20241 years ago
Submission Deadline
30 May 2023Expired
Future Notice Date
Not specified
Award Date
2 Jul 20232 years ago
Contract Period
30 Mar 2024 - 28 Mar 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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

BLUE TRIANGLE

Further Information

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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