Award

Provision of Bus Service - Route 432

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

09 Feb 2023 at 16:30

Award

07 Jul 2021 at 15:59

Summary of the contracting process

The procurement process for the provision of Bus Service - Route 432 was completed by Transport for London. The contract, valued at GBP 3,470,000, was awarded following a competitive procedure with negotiation. The contract period runs from 2nd April 2022 to 2nd April 2027. The procurement stage was initiated through a selective procurement method, with the tender closing on 23rd March 2021. This opportunity falls under the main procurement category of services and is located in London, United Kingdom.

This tender for the provision of bus services presents growth opportunities for businesses, particularly for those in the public road transport services industry. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are well-suited to compete for this contract. Interested businesses should be prepared to engage in competitive procedures with negotiation, aligning with the procurement method employed in this process. The lengthy contract period of five years, with a possible 2-year extension, offers stability and growth potential for successful bidders.

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Notice Title

Provision of Bus Service - Route 432

Notice Description

Provision of bus service - Route 432 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-b1908a15-cef9-46ee-b893-211cbc8787a7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/296a4bad-6c6b-4172-b49e-995fa19cec5b
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
£3,470,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,744,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20233 years ago
Submission Deadline
23 Mar 2021Expired
Future Notice Date
Not specified
Award Date
20 May 20214 years ago
Contract Period
1 Apr 2022 - 2 Apr 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
02030540491

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

ARRIVA LONDON SOUTH

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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