Award

Provision of bus service - Route 247

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 16:59

Summary of the contracting process

Transport for London (TfL) has completed the procurement process for the "Provision of bus service - Route 247," classified under public road transport services (CPV 60112000). The contract, valued at GBP 4,176,250, was awarded to Stagecoach East London. This tender involved a competitive procedure with negotiation, suitable for SMEs and VCSEs, and covers a seven-year period from 22nd March 2025 to 19th March 2032. The contract will be operational in London, United Kingdom, with key dates including the tender period ending on 7th May 2024 and the award dated 19th June 2024.

This tender presents significant opportunities for businesses in the transportation sector, particularly those capable of providing competitive services through negotiation processes. Businesses that specialise in public transport services, including those categorised as small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs), will find this contract particularly suitable. Winning such contracts can enhance business growth, offer long-term revenue stability, and solidify the presence of businesses in the London public transport market. Stagecoach East London, a large-scale supplier, has been selected, showcasing the level of competition and potential for future opportunities within the TfL framework.

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Notice Title

Provision of bus service - Route 247

Notice Description

Provision of bus service route 247 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-daac7c4b-436f-4f1b-b68c-c2e2f9c62efb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/86895bf2-e74d-4ce4-a699-3a1c5eb11f9a
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
£4,271,251 £1M-£10M
Lots Value
Not specified
Awards Value
£4,176,250 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
7 May 2024Expired
Future Notice Date
Not specified
Award Date
18 Jun 20241 years ago
Contract Period
22 Mar 2025 - 19 Mar 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
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

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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