Award

Provision of bus service - Route 371

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

17 Oct 2024 at 11:07

Award

16 Jul 2024 at 11:20

Summary of the contracting process

The public procurement process for the "Provision of bus service - Route 371" has been completed by Transport for London. This contract, classified under the Public road transport services category (CPV code: 60112000), involves providing bus service for route 371 in London, United Kingdom, for a duration of 3 years. The procurement method used was a competitive procedure with negotiation, and the final contract award was made on 15 April 2024 to London United, with the contract period spanning from 6 July 2024 to 2 July 2027. The tender's total value is £5,364,485, while the awarded contract value is set at £5,203,550.

This procurement presents considerable opportunities for businesses in the public transport sector, especially those with experience in large-scale service delivery. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) were considered suitable for this tender, highlighting a competitive arena for both established entities and growing businesses. Engaging in such contracts can provide sustained revenue and reinforce industry presence in the vibrant market of London’s public transportation network.

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Notice Title

Provision of bus service - Route 371

Notice Description

Provision of bus service route 371 for 3 years. 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-af28b674-1c63-46e0-a977-6140b8528173
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9c3cbbb3-dfa5-4387-b0c9-0b11a984a664
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
£5,364,485 £1M-£10M
Lots Value
Not specified
Awards Value
£5,203,550 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 20241 years ago
Submission Deadline
20 Feb 2024Expired
Future Notice Date
Not specified
Award Date
14 Apr 20241 years ago
Contract Period
5 Jul 2024 - 2 Jul 2027 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
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 UNITED

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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