Award

Provision of bus service - Route 86/N86

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

04 Jul 2023 at 12:57

Award

24 Feb 2023 at 10:51

Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service route 86/N86 to Stagecoach East London. The contract, valued at £8,862,500, was awarded following a competitive procedure with negotiation (above threshold) procurement method. The contract period is scheduled to run from July 15, 2023, to July 12, 2030. This tender falls under the main procurement category of services and is suitable for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs).

This contract presents a growth opportunity for businesses interested in public road transport services. Companies in the transport industry, especially those providing bus services, would be well-suited to compete for similar tenders. The contract, awarded by Transport for London, is based in London, United Kingdom, and the tender stage has been completed, with the supplier already selected. The contract is expected to start on July 15, 2023, providing a long-term opportunity for the successful supplier to establish a stable presence in the market.

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Notice Title

Provision of bus service - Route 86/N86

Notice Description

Provision of bus service route 86/N86 for 7 years. 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-cf76bb93-6d3a-4879-8e43-53369b94bb80
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/657179f3-d526-41c1-afa5-1498f0930d00
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
£8,862,500 £1M-£10M
Lots Value
Not specified
Awards Value
£8,862,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20232 years ago
Submission Deadline
26 Jul 2022Expired
Future Notice Date
Not specified
Award Date
8 Nov 20223 years ago
Contract Period
14 Jul 2023 - 12 Jul 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

STAGECOACH EAST LONDON

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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