Award

Provision of bus service - Route 493

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

19 Jun 2025 at 14:59

Summary of the contracting process

This procurement process was conducted by Transport for London and involves the provision of bus service for Route 493 under the industry category of public road transport services. The procurement method was a selective negotiated procedure with a prior call for competition. The contract, awarded to Transport UK London, encompasses a seven-year service provision for this route, located in London (Region UKI). The award date was 14th May 2025, and its status is currently active, with a contract value of £7,896,931. The procurement process is complete as of 19th June 2025, and the contract includes options for extending the term at the purchasing entity's discretion.

This tender presents substantial opportunities for businesses operating in the transport services sector, especially those offering urban and regional transport solutions. Companies capable of delivering efficient and reliable public road transport services will find this contract a significant opportunity to expand their business footprint in the London region. Large-scale businesses, similar to Transport UK London, are well-suited to compete in such tenders given the scope and value involved, although smaller companies specializing in niche services may also find direction from the selective procurement approach employed here.

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Notice Title

Provision of bus service - Route 493

Notice Description

QC95301

Lot Information

Lot 1

Provision of bus service route 493 for 7 years. Please note, costs posted on Find a Tender Service sometimes differ from those on the internet, this is due to post award negotiations.

Options: Term of the agreements can be extended at the discretion of the contracting entity.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05503f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033807-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award 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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

60 - Transport services (excl. Waste transport)


CPV Codes

60112000 - Public road transport services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£7,896,931 £1M-£10M

Notice Dates

Publication Date
19 Jun 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 May 20259 months 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
TRANSPORT FOR LONDON
Contact Name
Richard Rampton
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
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

TRANSPORT UK LONDON

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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