Award

Provision of Bus Service - Route 55/N55

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

08 Sep 2021 at 15:39

Summary of the contracting process

The procurement process involves Transport for London, seeking to contract the provision of the Bus Service for Route 55/N55. This service, classified under Public road transport services, is intended for a term of five years, with a potential two-year extension based on performance. The tender was awarded on 17 August 2021, with a contract period starting from 26 February 2022 to 26 February 2027. The total value of the awarded contract is approximately £7,882,520 and the procurement was conducted using a selective method through competitive negotiation. The service will operate in London, United Kingdom, with the tender period concluding on 16 March 2021.

This tender presents significant opportunities for businesses, particularly those specialising in public transport and logistics services. Small and medium-sized enterprises (SMEs) and voluntary community sector enterprises (VCSEs) may find this contract appealing, given the competitive nature of the procurement process and the focus on performance metrics for extending contract terms. Companies that can demonstrate reliability and efficient service delivery are advised to consider engaging in similar procurement opportunities to foster business growth within the public transport sector.

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Notice Title

Provision of Bus Service - Route 55/N55

Notice Description

Provision of bus service - Route 55/N55 for 5 years with a provision of a 2-year extension, depending on performance. 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-b5fd17-81267cac-b638-4e5d-8490-232ff39aea8e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2ef1bdac-523d-470c-b696-26c6d3377917
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
£8,702,867 £1M-£10M
Lots Value
Not specified
Awards Value
£7,882,520 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20214 years ago
Submission Deadline
16 Mar 2021Expired
Future Notice Date
Not specified
Award Date
16 Aug 20214 years ago
Contract Period
26 Feb 2022 - 26 Feb 2027 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
+44 2030540491

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

STAGECOACH EAST 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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