Award

Provision of bus service - Route 125

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

10 Feb 2023 at 10:04

Award

06 May 2021 at 11:13

Summary of the contracting process

The contracting authority is Transport for London, initiating the procurement process for the provision of bus service route 125 in London, within the public road transport services category. The contract, with a total value of GBP 5,052,000, was awarded through a selective competitive procedure with negotiation. The contract period is from January 29, 2022, to January 29, 2027, providing opportunities for SMEs and VCSEs. The tender period ended on December 22, 2020.

This tender for bus services in London, led by Transport for London, presents potential growth opportunities for businesses in the public road transport sector. Companies well-suited for this competition include SMEs and VCSEs interested in providing innovative and reliable bus services. The contract value is significant, spanning a five-year period with a possible extension, making it an attractive proposition for businesses looking to expand their market presence and contribute to public transport services in London.

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Notice Title

Provision of bus service - Route 125

Notice Description

Provision of bus service route 125 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-cc8e13e3-fa9c-4209-a4a3-f2db7dfc93a5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d24a6b4b-7478-413a-813d-0dac71052aa4
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

60 - Transport services (excl. Waste transport)


CPV Codes

Notice Value(s)

Tender Value
£5,052,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,491,661 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
22 Dec 2020Expired
Future Notice Date
Not specified
Award Date
8 Feb 20215 years ago
Contract Period
29 Jan 2022 - 29 Jan 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
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 SOVEREIGN

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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