Tender

Commercial Advertising: Railway Estate

FIRST RAIL HOLDINGS LIMITED

This public procurement record has 1 release in its history.

Tender

06 May 2022 at 14:46

Summary of the contracting process

First Rail Holdings Limited is currently conducting a tender for commercial advertising services, titled "Commercial Advertising: Railway Estate," valued at £30 million. This procurement falls under the advertising services category and aims to enhance revenue generation through the management of assets across various Train Operating Companies, including First Greater Western Limited, First MTR South Western Trains Limited, First Trenitalia West Coast Rail Limited, and First TransPennine Express Limited. The tender process is in the Tender stage, with a submission deadline set for 6th June 2022. The contracts will be awarded based on a selective procurement method, specifically a negotiated procedure with a prior call for competition.

This tender presents substantial opportunities for growth, particularly for businesses specialising in advertising and asset management within the railway sector. Companies that excel in marketing strategies, revenue maximisation, and asset maintenance would be particularly well-suited to compete for this contract. The successful bidder will not only inherit an existing portfolio but also be responsible for ongoing asset management, making this an attractive proposition for firms looking to expand their service offerings in the transport and advertising industries.

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Notice Title

Commercial Advertising: Railway Estate

Notice Description

First Rail is tendering for the provision of commercial advertising services, to generate revenue through the management of assets and client portfolios across the following FirstGroup Train Operating Companies: * FIRST GREATER WESTERN LIMITED, ('GWR') company number 05113733. * FIRST MTR SOUTH WESTERN TRAINS LIMITED, ('SWR') company number 07900320. * FIRST TRENITALIA WEST COAST RAIL LIMITED, ('AWC') company number 10349442. * FIRST TRANSPENNINE EXPRESS LIMITED, ('TPE') company number 09111801

Lot Information

Lot 1

First Rail are seeking to contract with one supplier to market, manage, and invest in an extensive asset portfolio in relation to commercial advertising sales. The successful bidder will be responsible for developing an existing portfolio of assets in railway stations, increasing revenue generation for our Train Operating Companies (TOCs). The successful bidder will be required to procure the existing assets at the value stated at the start of the contract term, and will inherit the forward order book. Core contract requirements involve the safe maintenance, repair, installation of new, and investment in assets throughout the term of the contract, reporting detailed results on a monthly basis to each TOC and First Rail. As a revenue contract, First Rail are seeking supplier proposals that will best deliver the services required, delivered in accordance to the highest safety levels required in the rail environment, with maximum revenue generation.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-033502
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011877-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79341000 - Advertising services

Notice Value(s)

Tender Value
£30,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 May 20223 years ago
Submission Deadline
6 Jun 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FIRST RAIL HOLDINGS LIMITED
Additional Buyers

FIRST GREATER WESTERN LIMITED

FIRST MTR SOUTH WESTERN TRAINS LIMITED

FIRST TRANSPENNINE EXPRESS LIMITED

FIRST TRENITALIA WEST COAST RAIL LIMITED

Contact Name
Greig Matthew
Contact Email
frh-procurement.indirects@firstrail.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
W2 1AF
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland

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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