Award

Provision of bus service - Route 395

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

18 Feb 2025 at 11:17

Award

03 Apr 2024 at 11:52

Summary of the contracting process

Transport for London, located in London, has completed the tender process for the provision of bus service Route 395. This service will operate for three years from 7th September 2024 to 3rd September 2027. The procurement process used was a selective competitive procedure with negotiation. The industry category for this procurement falls under public road transport services, specifically identified by the CPV code 60112000. The minimum value initially set for this contract was £1,950,336, with the final contract value being £2,051,995. The tender closed on 21st November 2023, and the award was published on 3rd April 2024.

This tender award creates significant opportunities for businesses involved in public transport services. Small and medium-sized enterprises (SMEs) and organisations from the voluntary, community, and social enterprise (VCSE) sector are particularly encouraged to compete in such procurement processes, which can lead to substantial business growth and increased market presence. The contract for this tender has been awarded to London Sovereign, a large-scale supplier, highlighting that organisations with significant capacity and experience in delivering public transport services stand well-positioned to succeed in similar opportunities.

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Notice Title

Provision of bus service - Route 395

Notice Description

Provision of bus service route 395 for 3 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-dba36a36-30b8-4eff-ad5c-11a1439a5d26
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aad09461-5bb7-41cb-acd7-9b9189354ab8
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
£2,050,995 £1M-£10M
Lots Value
Not specified
Awards Value
£1,799,802 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Feb 20251 years ago
Submission Deadline
21 Nov 2023Expired
Future Notice Date
Not specified
Award Date
23 Jan 20242 years ago
Contract Period
6 Sep 2024 - 3 Sep 2027 2-3 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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