Award

Provision of Revenue Management System

WEST MIDLANDS TRAINS LIMITED

This public procurement record has 2 releases in its history.

Award

19 Jan 2024 at 17:15

Tender

18 Oct 2022 at 16:32

Summary of the contracting process

The West Midlands Trains Limited is procuring the provision of a Revenue Management System. This procurement falls under the services category, with a selective procurement method of a negotiated procedure with prior call for competition. The tender title is "Provision of Revenue Management System" for optimising Advance Purchase fares. The buying organisation is seeking a partner to optimise revenue management services.

This tender offers an opportunity for businesses specializing in database services to compete. The tender involves a complex system to balance supply with demand on train services while maximising revenue. Interested businesses should contact West Midlands Trains Limited for further details. The procurement process is currently at the planning stage, with the tender deadline set for November 22, 2022. The location of the project is in Birmingham, United Kingdom.

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Notice Title

Provision of Revenue Management System

Notice Description

Provision of Revenue Management Service (RMS) for West Midlands Trains (WMT)

Lot Information

Lot 1

Supplier to provide a system which enables WMT to optimise their Advance Purchase fares to balance supply with demand on each train service while maximising revenue.

Renewal: The duration of the term will be 36 months plus an option for a short extension to 30/09/26 if required to the end of the National Rail Contract. Any Contract entered into will be subject to a break clause effective at the end of / termination of the National Rail Contract initial core term (15/09/24) which WMT has with the DfT.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0376d0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002006-2024
Current Stage
Award
All Stages
Tender, Award

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

72 - IT services: consulting, software development, Internet and support


CPV Codes

72320000 - Database services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jan 20242 years ago
Submission Deadline
22 Nov 2022Expired
Future Notice Date
Not specified
Award Date
27 Jun 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
WEST MIDLANDS TRAINS LIMITED
Contact Name
Simon Aldridge
Contact Email
simon.aldridge@wmtrains.co.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLG West Midlands (England)

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

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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