Award

Bank experimental traffic order

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

13 Jun 2025 at 14:07

Summary of the contracting process

The procurement process for the "Bank experimental traffic order" was carried out by The Mayor and Commonalty and Citizens of the City of London, a sub-central government public authority. The contract involves services related to video data collection and analysis for traffic monitoring and commenced on 19th May 2025, ending on 29th August 2025. The procurement was direct, below the threshold, and conducted without competition. It falls under the services category for traffic monitoring and was awarded to Tracsis Traffic Data Limited. The total contract value is £31,758 GBP, and it is located in the UK, specifically within the City of London. This process is in the award stage, with the contract status marked as active.

This tender presents substantial opportunities for businesses specialising in traffic data analysis and video monitoring services, particularly small and medium-sized enterprises able to deliver efficient services in a defined timeframe. Companies that can offer innovative data collection and analytical solutions stand to benefit, as such contracts often lead to further collaboration and larger-scale projects. Businesses already providing or seeking to expand into public sector work will find this tender a valuable opportunity to showcase their capabilities and establish a foothold within government procurement networks.

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Notice Title

Bank experimental traffic order

Notice Description

Video data collection and analysis of the footage to determine at a number of locations classified turning counts, queue lengths, red light compliance, link traffic volumes and taxi rank usage as part of the baseline monitoring work for a experimental traffic order which is due to commence this summer.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0548ad
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032341-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

63 - Supporting and auxiliary transport services; travel agencies services


CPV Codes

63712710 - Traffic monitoring services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£31,758 Under £100K

Notice Dates

Publication Date
13 Jun 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 May 20259 months ago
Contract Period
18 May 2025 - 29 Aug 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
Contact Name
Not specified
Contact Email
blake.summers@cityoflondon.gov.uk
Contact Phone
020 7606 3030

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

TRACSIS TRAFFIC DATA

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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