Award

Provision of bus service - Route P5

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

20 Dec 2024 at 11:06

Summary of the contracting process

The contracting authority, Transport for London, has completed the procurement stage with an award for the project titled "Provision of bus service - Route P5" under the public road transport services industry category. The contract, valued at £3,661,878, involves providing bus services for route P5 in London, United Kingdom, over a seven-year period from 3 May 2025 to 30 April 2032. The procurement method used was a competitive procedure with negotiation. The award was made to Transport UK London on 19 June 2024, and the awarded amount is £3,366,411.

This tender offers substantial business growth opportunities for companies specialising in public transportation services, particularly those capable of long-term commitments and operations in urban environments like London. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are well-suited to compete, given the inclusive procurement approach. Engaging in such a significant project with a renowned organisation like Transport for London can enhance a company’s portfolio and market presence substantially.

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Notice Title

Provision of bus service - Route P5

Notice Description

Provision of bus service route P5 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-b5fd17-63f13695-08fd-4bbf-adef-3c1e45fcfb08
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4bc54b20-5767-4ba1-bf2a-3dcf4fcfd55f
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
£3,661,878 £1M-£10M
Lots Value
Not specified
Awards Value
£3,366,411 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20241 years ago
Submission Deadline
19 Jun 2024Expired
Future Notice Date
Not specified
Award Date
18 Jun 20241 years ago
Contract Period
2 May 2025 - 30 Apr 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

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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