Tender

CAR PARKING CONCESSION 2022

THE ROYAL PARKS LTD

This public procurement record has 1 release in its history.

Tender

21 Jan 2022 at 18:15

Summary of the contracting process

The Royal Parks Ltd is currently conducting a tender process for a Car Parking Concession in London, classified under car park management services. This procurement is in the active stage, and bids are accepted until 21st February 2022. The contracting authority, The Royal Parks Ltd, manages various parks in the UK, and the successful bidder will implement and manage parking services across designated locations including Richmond Park and Bushy Park, with a total estimated contract value of £50 million. The tender employs a two-stage process consisting of a Selection Questionnaire (SQ) and an Invitation to Tender (ITT), with the top five bidders from the SQ being invited to the ITT stage.

This tender presents substantial business growth opportunities for firms specialising in car park management and related technological services, particularly those capable of integrating mobile payment systems and service innovations. Companies with experience in managing concession contracts, urban transport solutions, or parking infrastructure upgrades would be well-positioned to compete. Additional revenue streams may arise from incorporating parking services in additional parks, making it a lucrative opportunity for businesses looking to expand their portfolio in the public sector.

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Notice Title

CAR PARKING CONCESSION 2022

Notice Description

Car Parking Services Concession, as per our documents. Estimated total value is stated within our documents. Duration and end date, and scope for extensions (if any) are as shown within our documents.

Lot Information

Lot 1

This is being let as a concession contract on the basis that the Concessionaire will be granted the right to exploit the services and generate income. In return, TRP will receive a percentage of the income generated by the Concessionaire. Bidders should note that the following changes to the Services are envisaged during the term of the Contract: *subject to approval from Parliament, car parks at Richmond Park and Bushy Park may be incorporated as locations from which the Services are to be provided; *the requirement for payment of parking charges to be made via a mobile phone app instead of a ticket; *the replacement of pay and display machines as they come to the end of life; and subject to approval from Parliament, the possibility of an increase in parking charges. Additional information: Duration: initial period = 5 years. Subject to renewal. Option to extend = 2 occasions, each for 12 months. Contract value represents an estimate of the total turnover of the Concessionaire generated over the entire term (inc. poss. extensions), along with the possible additional revenue streams from Richmond Park and Bushy Park, if incorporated into the contract at a later stage. T

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030e21
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001928-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98351000 - Car park management services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
£50,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20224 years ago
Submission Deadline
21 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
2027 (estimated)

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE ROYAL PARKS LTD
Contact Name
MARK ABRAHAMS
Contact Email
procurement@royalparks.org.uk
Contact Phone
+44 3000612000

Buyer Location

Locality
LONDON
Postcode
W2 2UH
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London, TLI3 Inner London - West, TLI6 Outer London - South, TLI7 Outer London - West and North West

Local Authority
Westminster
Electoral Ward
Hyde Park
Westminster Constituency
Cities of London and Westminster

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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