Award

Provision of bus service - Route K4

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

03 Jul 2023 at 11:32

Award

13 Feb 2023 at 17:40

Summary of the contracting process

The Transport for London has awarded a contract for the provision of a bus service route K4 in London. The contract has a value of £983,545 and runs from July 1, 2023, to June 28, 2030. The procurement method used was a selective competitive procedure with negotiation. The main procurement category is services, and the tender period ended on July 12, 2022.

This tender presents an opportunity for businesses, especially in the public road transport services industry, to secure contracts with Transport for London. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are well-suited to compete in this tender. The contract period provides a stable revenue stream for the winning supplier over the next seven years.

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Notice Title

Provision of bus service - Route K4

Notice Description

Provision of bus service route K4 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-c7a0fef6-f476-4efb-bfb9-7dfef3817e6f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e11f3b26-5e07-4134-8539-caa9b74fe311
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
£1,281,030 £1M-£10M
Lots Value
Not specified
Awards Value
£983,545 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jul 20232 years ago
Submission Deadline
12 Jul 2022Expired
Future Notice Date
Not specified
Award Date
31 Aug 20223 years ago
Contract Period
30 Jun 2023 - 28 Jun 2030 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 UNITED

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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