Award

Provision of bus service - Route 263/N263

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

09 Dec 2024 at 08:50

Summary of the contracting process

Transport for London has completed the award stage for the procurement process titled "Provision of bus service - Route 263/N263," which falls under the industry category of Public road transport services. The contract, valued at approximately £8,514,486, has been awarded to Metroline. The service will operate in London, United Kingdom, over a period of seven years, commencing on 5th April 2025 and ending on 2nd April 2032. The procurement was conducted using a competitive procedure with negotiation suitable for contracts above the threshold, with the tender period closing on 21st May 2024 at 12:00 PM BST.

This tender provides substantial business growth opportunities, especially for companies specialising in public transport services. Small and medium-sized enterprises (SMEs) as well as voluntary community and social enterprises (VCSEs) that can offer competitive services may find similar future opportunities valuable. The competitive nature of the tender process ensures that winning organisations can secure long-term contracts, which can enhance their market position and revenue stability. As the buyer, Transport for London is a prestigious and highly trusted organisation, making this an attractive opportunity for capable service providers.

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Notice Title

Provision of bus service - Route 263/N263

Notice Description

Provision of bus service route 263/N263 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-b9c3fc0c-4219-42bd-bdad-d3d36c0b7495
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/be4d1d7c-f4cd-4c4c-ab6e-cca615d7681a
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
£8,597,971 £1M-£10M
Lots Value
Not specified
Awards Value
£8,514,486 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20241 years ago
Submission Deadline
21 May 2024Expired
Future Notice Date
Not specified
Award Date
1 Sep 20241 years ago
Contract Period
4 Apr 2025 - 2 Apr 2032 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

METROLINE

Further Information

Notice Documents

Notice URLs

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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