Provision of bus service - Route 56

TRANSPORT FOR LONDON

There is 1 contract in this contracting process.

Summary of the contracting process

Transport for London has completed the procurement process for the provision of bus service Route 56, set to commence on 1st March 2025 and running until 3rd March 2028. This contract, classified under public road transport services, involves a competitive procedure with negotiation and has been awarded for a total value of £6,466,000. The procurement, designated for service delivery within London, falls under the industry category of services and is aimed at engaging SMEs and VCSEs. Key dates of note include the tender period ending on 17th September 2024 and the award date of 1st November 2024.

This tender presents significant opportunities for businesses in the public transport sector, particularly those specialising in bus services. The contract value and the three-year duration offer a stable revenue stream, favourable for business growth. Given the preference for competitive procedure with negotiation, businesses with a substantial portfolio and negotiation capabilities will find themselves well-positioned. SMEs and social enterprises (VCSEs) should especially consider this procurement, as it is designed to be inclusive of such entities, offering them a foothold in a major metropolitan market. The awarded supplier is Stagecoach East London, indicating robust competition and high standards expected.

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Provision of bus service - Route 56

TRANSPORT FOR LONDON

Contract Timeline

Publication Date

27th November 2024 11:32:28 AM
Contract Summary

Provision of bus service route 56 for 3 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.
Contract Details

Open Contracting ID

ocds-b5fd17-f43b524e-6847-42da-8b9b-8c0f0b9ed993

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Selective

Procurement Method Details

Competitive Procedure With Negotiation (above Threshold)

Procurement Category

Services

Tender Suitability

SME VCSE

Framework / DPS
Contract Classification

CPV Code(s)

60112000

CPV Division(s)

60 - Transport services (excl. Waste transport)
Awarding Authority

TRANSPORT FOR LONDON

Buyer Name

Richard Rampton

Buyer Email

contracts.tendering@tfl.gov.uk

Buyer Phone

Buyer Address

197 Blackfriars Road

LONDON

SE1 8NJ

England
Awarded Supplier(s)

Supplier Name(s)

STAGECOACH EAST LONDON

View contract on Contracts Finder

Provision of bus service - Route 56

TRANSPORT FOR LONDON

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)