Award

Provision of bus contract - Route 157

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

08 Dec 2023 at 14:56

Award

08 Sep 2023 at 09:17

Summary of the contracting process

The Transport for London has recently awarded a contract for the provision of bus service Route 157. The contract, valued at £5,510,000, was part of a competitive procedure with negotiation. The procurement stage was completed, and the contract period is from December 2, 2023, to November 29, 2030. The procurement method used was selective, and the tender period ended on October 11, 2022. This opportunity falls under the services category and is located in London, United Kingdom.

This tender for the provision of bus service Route 157 by Transport for London offers opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) to compete. Businesses in the public road transport services industry, particularly those specialising in bus operations, would be well-suited to participate. The contract offers potential for long-term business growth spanning seven years, providing stability and revenue forecast for interested bidders.

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Notice Title

Provision of bus contract - Route 157

Notice Description

Provision of bus service route 157 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-e724d45a-7a58-4bc6-ad43-9956f472cfd3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a6961e07-7581-409c-82cd-b3c174ed3884
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
£5,510,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,330,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Dec 20232 years ago
Submission Deadline
11 Oct 2022Expired
Future Notice Date
Not specified
Award Date
27 Jan 20233 years ago
Contract Period
2 Dec 2023 - 29 Nov 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 GENERAL

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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