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Innovation Operations Supplier

Transport for London

This public procurement record has 2 releases in its history.

Award

27 Feb 2025 at 12:55

Award Notice
Tender

05 Mar 2024 at 22:41

Tender Notice
Summary of the contracting process

Transport for London has successfully awarded Plexal (City) Ltd a contract titled "Innovation Operations Supplier" within the industry category of Research and Development Consultancy Services. The procurement process was conducted using a restricted procedure and has reached the award stage as of 27th February 2025. This initiative, valued at £2,000,000 with a duration of 3+1 years, will see Plexal supporting various activities such as scouting, horizon scanning, trial management, and commercialisation to aid TfL's Open Innovation programme. The contract includes a framework agreement facilitating individual call-off orders to fulfil specific tasks, located in Greater London (UKI) region.

This tender presents substantial growth opportunities for businesses specializing in innovative consulting services, particularly those with a robust presence in the innovation ecosystem and the ability to manage and commercialise new ideas. Large-scale consultancies or research organizations, especially those experienced in managing trials and commercial ventures within a public sector framework, would find this contract well-suited to their capabilities. Additionally, the framework agreement potential for a one-year extension beyond the initial term offers a long-term partnership with one of London’s key transport authorities, providing a stable and promising revenue stream.

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Notice Information

Notice Title

Innovation Operations Supplier

Notice Description

Transport for London has awarded Plexal (City) Ltd with an Innovation Operations Supplier contract to support the delivery of Open Innovation's discovery, trialling and commercialisation workflow. Plexal is appointed to a 3+1 single supplier framework agreement with individual pieces of work to be delivered through call offs. This award follows a restricted procedure.

Lot Information

Lot 1

The Innovation Operations Supplier (IOS) will deliver work in the following four activity areas to be delivered through call off contracts: 1. Scouting- finding innovative solutions and suppliers in the market to solve TfL problems. 2. Horizon Scans - advising on early warning signs of change inside and outside TfL, future trends and themes in the nearer and longer terms that are relevant to TfL's strategic aims and offer realistic potential for scouting and trialling. 3. Trial Management - managing trials with or on behalf of Open Innovation. 4. Commercialisation - advising and supporting Open Innovation with sales, marketing and commercialisation opportunities.

Options: The Authority has the option to extend the agreement for 1 year beyond the initial three year term.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0445db
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007392-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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

CPV Codes

73200000 - Research and development consultancy services

79900000 - Miscellaneous business and business-related services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
£2,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£2,000,000 £1M-£10M

Notice Dates

Publication Date
27 Feb 20251 years ago
Submission Deadline
12 Apr 2024Expired
Future Notice Date
Not specified
Award Date
28 Jan 20251 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

Buyer & Supplier

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
E20 1JN
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

Plexal (City) Ltd

Further Information

Open Contracting Data Standard (OCDS)

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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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