Award

Provision of bus service - Route 485

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

20 Dec 2024 at 10:44

Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service Route 485 under the industry category of public road transport services (CPV 60112000). The project, which has a total value of £1,862,628 GBP, will commence on 3rd May 2025 and conclude on 30th April 2032. The procurement process followed a competitive procedure with negotiation, indicating a selective method. The tender’s end date was 21st May 2024, and the contract was awarded on 10th October 2024. This contract primarily serves the London region.

This tender presents significant opportunities for businesses specialising in public road transport services, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). With a seven-year contract period, firms that secure such a contract can benefit from sustained revenue while contributing to vital transportation infrastructure. Companies well-suited for this opportunity are those with expertise in bus services, operational efficiency, and a keen interest in serving urban transport needs.

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Notice Title

Provision of bus service - Route 485

Notice Description

Provision of bus service route 485 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-d399e2b6-dcbe-4cb8-a361-6f37662ade4a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d3cff56-c50b-4245-b71d-d528a8f1dfdc
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
£1,862,628 £1M-£10M
Lots Value
Not specified
Awards Value
£1,780,223 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20241 years ago
Submission Deadline
21 May 2024Expired
Future Notice Date
Not specified
Award Date
9 Oct 20241 years ago
Contract Period
2 May 2025 - 30 Apr 2032 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

TRANSPORT UK LONDON

Further Information

Notice Documents

Notice URLs

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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