Award

Route Agreement

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

17 Aug 2020 at 10:34

Summary of the contracting process

Transport for London is seeking to enhance its bus services through the procurement of a Route Agreement for Bus Service Route Number 124. This complete tender process, classified under the CPV code for public road transport services, was conducted using a limited procurement method, specifically a negotiated procedure without prior publication. The contract, valued at £3,243,500, commenced on 25 May 2019 and is set to conclude on 24 May 2024. The award date was recorded on 5 November 2018, with the tender officially published on 17 August 2020.

This contract presents substantial opportunities for growth, particularly for large-scale transport companies with experience in public road transport services. Given the nature of the procurement, businesses that can offer reliable, efficient, and compliant bus services are well-positioned to participate in similar future tenders with Transport for London. Companies in the logistics and transportation sector, especially those capable of navigating the complexities of public contracts, will find this an advantageous market environment to explore.

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Notice Title

Route Agreement

Notice Description

Provision of Bus Service Route Number 124

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-65aa2b63-7cf8-4828-8c8e-9a192b8f3479
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/be1e230e-d314-4721-9939-0ed6c512e0a0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
Not specified
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
£3,243,500 £1M-£10M
Lots Value
Not specified
Awards Value
£3,243,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20205 years ago
Submission Deadline
5 Nov 2018Expired
Future Notice Date
Not specified
Award Date
5 Nov 20187 years ago
Contract Period
24 May 2019 - 24 May 2024 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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

SOUTH EAST LONDON AND KENT BUS

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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