Award

Provision of bus service - Route 415

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 16:22

Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service Route 415 to Transport UK London. The procurement process followed a competitive procedure with negotiation, specifically targeting public road transport services (CPV code: 60112000). The contract, valued at £3,161,118, was awarded on 18 October 2024, with the service set to commence on 8 March 2025 and run until 3 March 2028. The service will operate in London, United Kingdom, and is classified under the services category. The procurement stage is complete, marking the culmination of this selective tender process.

This tender presents significant opportunities for businesses, particularly those experienced in providing public transportation services. SMEs and VCSEs were considered suitable for this tender, suggesting that the procurement process was accessible to a diverse range of companies. Businesses specialising in large-scale transit operations, and those with the capacity to deliver high-quality public transportation services, would find this contract particularly beneficial for fostering growth and enhancing their market presence within the London transport network. The substantial contract value and extended service period offer long-term revenue and stability for the winning supplier.

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Notice Title

Provision of bus service - Route 415

Notice Description

Provision of bus service route 415 for 3 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8a181913-c5ed-4af8-a8ea-d0885225a52c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ab2a0399-c817-41bd-9c4b-bc3cdc26510b
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
£3,161,119 £1M-£10M
Lots Value
Not specified
Awards Value
£3,161,118 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
3 Sep 2024Expired
Future Notice Date
Not specified
Award Date
17 Oct 20241 years ago
Contract Period
8 Mar 2025 - 3 Mar 2028 2-3 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
Richard Rampton
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
Not specified

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

TRANSPORT UK 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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