Award

Provision of bus service - Route 474/N474

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

24 Jan 2025 at 11:35

Summary of the contracting process

The procurement process for the provision of bus service route 474/N474 was conducted by Transport for London, located in London, United Kingdom. The contract, which falls under the public road transport services industry category (CPV 60112000), involves the delivery of the specified bus route services for a period of three years. The competitive procedure with negotiation was employed for this selective procurement method. The contract started on 3rd May 2025 and will end on 5th May 2028, backed by a contract value of £5,339,765 and a total value of £7,887,500. The award was made on 16th December 2024, and details were published on 24th January 2025. The main point of contact for this procurement process is Richard Rampton at Transport for London.

This tender represents a substantial business growth opportunity, particularly for companies specialising in public road transport services. Small and medium-sized enterprises (SMEs) as well as voluntary, community and social enterprises (VCSEs) are eligible and encouraged to participate. The nature of this contract, involving extensive bus service provisions in London, makes it well-suited for businesses with experience in large-scale transport operations and those capable of handling long-term services under competitive but negotiated conditions. The awarded supplier for this procurement is Blue Triangle, based in London, indicating a competitive and vibrant market environment for the bidders.

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Notice Title

Provision of bus service - Route 474/N474

Notice Description

Provision of bus service route 474/N474 for 3 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-f991aaf1-5060-4508-a8ed-f7b6a631e496
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dc5b146d-56f2-4578-a12d-ef197e78e09c
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
£7,887,500 £1M-£10M
Lots Value
Not specified
Awards Value
£5,339,765 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jan 20251 years ago
Submission Deadline
6 Aug 2024Expired
Future Notice Date
Not specified
Award Date
16 Dec 20241 years ago
Contract Period
2 May 2025 - 5 May 2028 3-4 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

BLUE TRIANGLE

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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