Award

Provision of bus service - Route N5

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

27 Nov 2024 at 13:23

Summary of the contracting process

The procurement process, organised by Transport for London, is titled "Provision of bus service - Route N5" and falls under the public road transport services category. The tender involves the provision of bus services for Route N5 over a period of three years, servicing the London region in the United Kingdom. The procurement has reached the award stage, with a competitive procedure using negotiation above the threshold, and the award was published on 27th November 2024. Key dates include the tender period ending on 3rd September 2024, and the contract runs from 26th July 2025 to 28th July 2028. The awarded contract is valued at GBP 779,476.

This tender presents significant opportunities for businesses involved in public transport, particularly those specialising in bus services. Small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are considered suitable for participation. The contract awarded to London Sovereign demonstrates potential business growth through long-term service provision, vehicle maintenance, and operational management of the specified bus route, with substantial financial and operational engagement in the public transport sector.

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Notice Title

Provision of bus service - Route N5

Notice Description

Provision of bus service route N5 for 3 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-c8cca4a9-5c6d-44b6-9fbf-b6a3b6146db7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/11c71b89-25e2-4a5f-b512-a40fa5c1e237
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
£779,476 £500K-£1M
Lots Value
Not specified
Awards Value
£730,878 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20241 years ago
Submission Deadline
3 Sep 2024Expired
Future Notice Date
Not specified
Award Date
18 Nov 20241 years ago
Contract Period
25 Jul 2025 - 28 Jul 2028 3-4 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
Richard Rampton
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
Not specified

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 SOVEREIGN

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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