Award

Provision of bus service - Route 440

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

10 Jun 2024 at 09:01

Award

29 Dec 2023 at 15:58

Summary of the contracting process

The procurement process for the provision of bus service route 440 by Transport for London has successfully reached the award stage. The contract, valued at £4,042,968, was awarded to London United on 12th September 2023. The procurement method used was a "Competitive procedure with negotiation (above threshold)". The contract period will start on 25th May 2024 and end on 24th May 2030. The opportunity was suitable for SMEs and VCSEs, and the tender was located in London under the industry category of "Public road transport services".

This procurement opportunity for the provision of bus service route 440 by Transport for London presents a promising venture for businesses operating in the public road transport services sector. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are encouraged to compete in this selective procurement process with negotiation. The contract, with a contract value of £4,042,968, offers a lucrative business growth opportunity over the 6-year contract period starting from 2024. Suppliers who can provide high-quality bus services in London may find this tender particularly appealing.

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Notice Title

Provision of bus service - Route 440

Notice Description

Provision of bus service route 440 for 6 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-cd8c6be7-e015-448a-a21f-a5995ffdd09d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1ddfb849-068d-4c67-a413-5d88ce60afec
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
£4,495,869 £1M-£10M
Lots Value
Not specified
Awards Value
£4,042,968 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jun 20241 years ago
Submission Deadline
23 May 2023Expired
Future Notice Date
Not specified
Award Date
11 Sep 20232 years ago
Contract Period
24 May 2024 - 24 May 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
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 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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