Award

Provision of bus service - Route 241

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

24 Jan 2025 at 11:04

Summary of the contracting process

Transport for London has completed the contracting process for the provision of bus service Route 241. The awarded contract, titled "Provision of bus service - Route 241", falls under the industry category of Public Road Transport Services (CPV: 60112000). The service will be operational in London, United Kingdom, with a contract period starting from 3rd May 2025 and ending on 5th May 2028. The procurement process used a selective competitive procedure with negotiation, adhering to above-threshold standards. The key dates included the tender period ending on 6th August 2024, and the contract award date on 16th December 2024. The contract, valued at £5,366,500 GBP, was awarded to Stagecoach East London.

This tender represents a significant opportunity for businesses specialising in public transport services to expand their operations in a major urban area like London. Companies with experience in managing urban bus routes and with the capacity to fulfil long-term service contracts would find this opportunity suitable. Small and medium-sized enterprises (SMEs), as well as voluntary, community, and social enterprises (VCSEs), were considered suitable for this competitive procurement, suggesting that there are favourable conditions for diverse business participation. The involvement in such high-profile contracts could enhance the business's market presence and provide substantial growth prospects.

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Notice Title

Provision of bus service - Route 241

Notice Description

Provision of bus service route 241 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-fda48f4c-8b3e-4376-b275-ad33712c5742
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7abb70dc-3f46-4eb0-bed1-1bdad80915d3
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
£6,472,251 £1M-£10M
Lots Value
Not specified
Awards Value
£5,366,500 £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

STAGECOACH EAST LONDON

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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