Award

Provision of bus service - Route 74/N74

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

08 Dec 2023 at 14:47

Award Notice
Award

08 Sep 2023 at 12:53

Award Notice
Summary of the contracting process

The Transport for London has awarded the contract for the provision of bus service route 74/N74 to London General. The procurement process, which was completed under a selective competitive procedure with negotiation, had a total contract value of £7,640,000 and a minimum value of £6,825,233. The contract period spans from November 18, 2023, to November 15, 2030, with the tender period closing on March 14, 2023. The contract was awarded on June 6, 2023.

This procurement opportunity for providing bus services in London creates business growth prospects for transport service providers. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that can offer public road transport services are well-suited to compete. The contract, issued by Transport for London, offers a long-term project duration of 7 years, providing stability and growth opportunities for successful bidders.

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Notice Information

Notice Title

Provision of bus service - Route 74/N74

Notice Description

Provision of bus service route 74/N74 for 7 years. Please note, costs posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ecdc05d9-4716-44d9-9399-c298804e2d63
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0a1746ea-780f-41ed-ae94-b56ded94772e
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
£7,640,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,060,396 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Dec 20232 years ago
Submission Deadline
14 Mar 2023Expired
Future Notice Date
Not specified
Award Date
5 Jun 20232 years ago
Contract Period
18 Nov 2023 - 15 Nov 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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 GENERAL

Further Information

Notice URLs

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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