Award

Provision of Bus Service - Route 433

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

AwardUpdate

10 Feb 2023 at 12:10

Summary of the contracting process

The buying organisation, Transport for London, has awarded a contract for the provision of bus service on Route 433 in London. The contract, classified under public road transport services, has a total value of 2,376,500 GBP. The procurement method used was a competitive procedure with negotiation, and the contract period extends from May 21, 2022, to May 18, 2029, presenting an opportunity for businesses operating in the public road transport services industry to compete. The tender deadline for this contract was June 1, 2021.

As Transport for London has selected a supplier for the provision of bus services, businesses specialising in public road transport services, particularly those with experience in negotiating competitive procedures or engaging in selective procurement, could explore potential growth opportunities. With a contract duration of 7 years, this tender presents a medium to long-term business prospect for firms looking to establish a foothold in the public transportation sector and work with a major authority like Transport for London in delivering essential services to the capital city.

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Notice Title

Provision of Bus Service - Route 433

Notice Description

Provision of bus service - Route 433 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-b5fd17-6da15130-036b-4740-9cd5-bbb17a99dbb2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6af7c5e0-eb48-4f31-9b6f-e76d0fb9fe18
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
£2,376,500 £1M-£10M
Lots Value
Not specified
Awards Value
£2,078,092 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
1 Jun 2021Expired
Future Notice Date
Not specified
Award Date
17 Jun 20214 years ago
Contract Period
20 May 2022 - 18 May 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
Not specified
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
02030540491

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

ABELLIO LONDON

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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