Award

Provision of Bus Service - Route 295/N295

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

AwardUpdate

10 Feb 2023 at 15:55

Summary of the contracting process

Transport for London has awarded a contract for the Provision of Bus Service - Route 295/N295 under a competitive procedure with negotiation (above threshold) procurement method. The contract is worth GBP 5,735,000 and has a contract period from 29th October 2022 to 26th October 2029. The procurement stage is at the award stage as of 28th October 2021, and the contract was published on 9th June 2022.

This tender for bus service provision in London presents an opportunity for businesses in the public road transport services sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) with relevant expertise in providing bus services may find this tender suitable for bidding. The contract duration of 7 years provides a stable revenue stream for businesses looking to expand their operations in the public transport industry.

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Notice Title

Provision of Bus Service - Route 295/N295

Notice Description

Provision of bus service route 295/N295 for 7 years. Please note, costs posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6d281bff-d45b-467e-9c7d-b3b93bc2cc50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae2a71f1-b040-4183-b079-c147e86bce24
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
£5,733,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,956,164 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
5 Oct 2021Expired
Future Notice Date
Not specified
Award Date
27 Oct 20214 years ago
Contract Period
28 Oct 2022 - 26 Oct 2029 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
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 UNITED

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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