Award

2 Year Extension of lease - MT23 LVM Renault 9 seater

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

09 Jul 2025 at 13:05

Summary of the contracting process

The procurement process is conducted by The Mayor and Commonalty and Citizens of the City of London, focusing on the extension of a lease for a Renault 9-seater minibus. Categorised under 'services', the contract was awarded to Rivervale Minibus Limited on 2nd July 2025, with the procurement stage marked as 'Award'. This direct procurement method was executed below the competition threshold, resulting in a complete contract. The service falls under the industry category of renting or leasing services of own property, with the leasing period starting on 1st August 2025 and ending on 29th September 2027. The location primarily involves the City of London and Brighton, within the United Kingdom.

This tender represents a significant opportunity for small to medium-sized enterprises (SMEs) that provide leasing services or have a focus on the automotive sector, particularly those dealing with vehicle rentals and leasing management. Rivervale Minibus Limited's successful bid demonstrates the prospects available for SMEs even within procurement methods that eschew open competition. Organisations with similar profiles may find potential growth and collaboration opportunities with public authorities through such targeted procurement initiatives. The contract, valued at £76,896, can serve as a case study for businesses aiming to align their services with public sector needs, especially within sub-central government entities in the UK.

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Notice Title

2 Year Extension of lease - MT23 LVM Renault 9 seater

Notice Description

2 Year Extension of lease - MT23 LVM Renault 9 seater with contract extention

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055c0d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038607-2025
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

70 - Real estate services


CPV Codes

70200000 - Renting or leasing services of own property

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£76,896 Under £100K

Notice Dates

Publication Date
9 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jul 20257 months ago
Contract Period
31 Jul 2025 - 29 Sep 2027 2-3 years
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
angel-nerice.ogguadah@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

RIVERVALE MINIBUS

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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