Award

Provision of Bus Service - Route U5

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

10 Feb 2023 at 11:06

Award

07 Jul 2021 at 16:04

Summary of the contracting process

The Transport for London has awarded a contract for the provision of bus service - Route U5 for 5 years with a possible 2-year extension. The contract, valued at £3,175,000, was awarded through a competitive procedure with negotiation. The procurement stage concluded with the end of the tender period on April 6, 2021. The contract will be in effect from March 19, 2022, to March 19, 2027, benefiting businesses in public road transport services in London.

This tender presents a valuable opportunity for small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations in the public road transport services sector. Businesses well-suited to compete in this procurement process are those capable of providing reliable bus services in the London region. The availability of a 2-year extension based on performance offers long-term growth potential for successful bidders, fostering business development and sustainability.

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Notice Title

Provision of Bus Service - Route U5

Notice Description

Provision of bus service - Route U5 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-a7c25caf-8fdf-41d5-9b1a-86791f7581e2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3c6e6973-4da4-4572-b459-18a9aa31db75
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

Notice Value(s)

Tender Value
£3,175,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,774,242 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
6 Apr 2021Expired
Future Notice Date
Not specified
Award Date
20 May 20214 years ago
Contract Period
19 Mar 2022 - 19 Mar 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
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

ABELLIO WEST LONDON

Open Contracting Data Standard (OCDS)

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