Award

Provision of bus service - Route B16

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

08 Oct 2024 at 12:25

Summary of the contracting process

Transport for London has completed the procurement process for the provision of a bus service on Route B16, for a contract period of seven years starting on 18 January 2025 and ending on 16 January 2032. This project falls under the public road transport services industry and is located in London, United Kingdom. The procurement method used was a selective competitive procedure with negotiation above the threshold. The contract, with an initial minimum value of £3,617,930 and an awarded value of £3,509,392, was awarded to London Central. Key dates include the tender period ending on 19 March 2024 and the award date on 17 July 2024.

This tender offers substantial opportunities for businesses involved in public transportation services. Companies that specialise in road transport services and have the capability to provide such extensive services will find this procurement particularly suitable. The project is especially beneficial for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) given the suitability criteria. Firms with expertise in delivering reliable and high-quality bus services in an urban setting like London would be well-positioned to compete for such tenders in the future, potentially leading to significant business growth.

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Notice Title

Provision of bus service - Route B16

Notice Description

Provision of bus service route B16 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-b5fd17-5d1cf4e5-0dbf-4ab4-89ff-27bb047f9a57
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6fbdf0c8-a0d9-4bcc-bf3a-5d3ecbd9ccc4
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
£3,617,931 £1M-£10M
Lots Value
Not specified
Awards Value
£3,509,392 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Oct 20241 years ago
Submission Deadline
19 Mar 2024Expired
Future Notice Date
Not specified
Award Date
16 Jul 20241 years ago
Contract Period
18 Jan 2025 - 16 Jan 2032 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

LONDON CENTRAL

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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