Award

Bus Shelter Advertising Concession

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

08 Nov 2024 at 16:26

Award Notice
Summary of the contracting process

Transport for London (TfL) has completed the public procurement process for a Bus Shelter Advertising Concession in the Greater London area, with a total contract value of GBP 1,063,200,000. This concession involves the right to sell and display advertising on TfL's bus shelter estate. The procurement method was voluntary, adhering partially to the Concessions Contracts Regulations 2016. The contract was awarded on 10th September 2024, following the tender period which ended on 17th June 2024. The contract is set to start on 1st April 2025 and will run until 31st March 2035. The winning bidder for this advertising concession is JCDECAUX UK LTD.

This tender presents substantial business growth opportunities, particularly for large-scale advertising firms with the capability to manage extensive outdoor advertising projects. Businesses in the advertising services industry, classified under CPV code 79341000, would find this concession particularly advantageous. The contract duration and the high value underline the potential for sustained revenue. While TfL has conducted the procurement considering larger firms, there is a significant precedent set for high-value, long-term collaborations with public bodies, which might be of interest to large established players in the advertising industry.

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Notice Information

Notice Title

Bus Shelter Advertising Concession

Notice Description

THE CONCESSION INVOLVES THE RIGHT TO SELL AND DISPLAY ADVERTISING ON TFL'S BUS SHELTER ESTATE THROUGHOUT THE GREATER LONDON AREA.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6fa88aba-b3c4-4473-9e17-f6f7baa121fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1372e01a-e9b3-4735-80a7-ce3d5db5d69d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - It is not considered that any of the procurement regulations applied to this competition, but on a voluntary basis, TfL has conducted the procurement based on the requirements of the Concessions Contracts Regulations 2016 (CCR).
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79341000 - Advertising services

Notice Value(s)

Tender Value
£1,063,200,000 £1B-£10B
Lots Value
Not specified
Awards Value
£1,063,200,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20241 years ago
Submission Deadline
17 Jun 2024Expired
Future Notice Date
Not specified
Award Date
9 Sep 20241 years ago
Contract Period
31 Mar 2025 - 31 Mar 2035 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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

JCDECAUX

Further Information

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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