Award

Provision of bus service - Route 68/N68

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

04 Sep 2024 at 12:54

Summary of the contracting process

Transport for London has completed the tender process for the provision of bus service Route 68/N68. This contract, classified under public road transport services (CPV code 60112000), is earmarked for the London region in the United Kingdom. The competitive procedure with negotiation was used, and the final award was made on 2nd July 2024. The total contract value amounts to £8,804,718, with services set to commence on 29th March 2025 and conclude on 29th March 2030. Suitable for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), this procurement offers significant value opportunities.

Winning this tender can provide substantial business growth opportunities due to the long-term nature of the contract and the high visibility associated with serving Transport for London. Ideal candidates for similar future tenders would be businesses specialising in public transport services, equipped with capabilities to handle large-scale operations over extended periods. Organisations already familiar with public sector requirements and those aiming to expand their foothold in the transportation industry would find endeavours like these particularly beneficial.

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Notice Title

Provision of bus service - Route 68/N68

Notice Description

Provision of bus service route 68/N68 for 5 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-b5fd17-62859c7a-d94e-489e-a235-c2e4d09d0a64
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6ce28f9-3554-4fd4-b113-9a88583eb905
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
£8,804,718 £1M-£10M
Lots Value
Not specified
Awards Value
£7,072,925 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Sep 20241 years ago
Submission Deadline
14 May 2024Expired
Future Notice Date
Not specified
Award Date
1 Jul 20241 years ago
Contract Period
29 Mar 2025 - 29 Mar 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
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

TRANSPORT UK LONDON

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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