Award

Provision of bus service - Route 218

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

26 Nov 2024 at 19:13

Summary of the contracting process

Transport for London, located at 197 Blackfriars Road, London, has awarded a contract for the provision of bus service Route 218. This contract falls under the public road transport services category (CPV: 60112000) and is set for a duration of seven years, with a contract period from 7th December 2024 to 5th December 2031. The procurement followed a competitive procedure with negotiation, specifically a selective method, and was completed by 9th April 2024. The total value of the contract is £3,620,678 GBP, and it will serve the London area.

This tender presents substantial business growth opportunities, especially for companies involved in public transportation services. Businesses that are small and medium-sized enterprises (SMEs) or voluntary, community, and social enterprises (VCSEs) are particularly well-suited to compete for such contracts, given the procurement method's inclusivity. Winning similar contracts can significantly enhance market presence and provide long-term revenue stability for successful bidders in the public transport sector.

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Notice Title

Provision of bus service - Route 218

Notice Description

Provision of bus service route 218 for 7 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-a8cd1414-776a-4312-81e7-4e230c06686e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9bfb18aa-3846-472b-9ceb-163855872de3
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
£3,620,678 £1M-£10M
Lots Value
Not specified
Awards Value
£3,620,677 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20241 years ago
Submission Deadline
9 Apr 2024Expired
Future Notice Date
Not specified
Award Date
18 Jun 20241 years ago
Contract Period
7 Dec 2024 - 5 Dec 2031 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

LONDON TRANSIT

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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