---
title: "Provision of bus service - Route 314"
ocid: "ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "TRANSPORT FOR LONDON"
published: "2024-01-11"
---

# Provision of bus service - Route 314

Buyer: TRANSPORT FOR LONDON  
Current stage: Award  
OCID: ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15.json)

## Summary

Transport for London has awarded a contract for the provision of bus service route 314 in London. The contract, valued at £6,613,896 GBP, was awarded to Stagecoach Selkent following a selective procurement process with negotiation above threshold. The contract period is set to start on August 31, 2024, and run until August 29, 2031, creating opportunities for businesses in public road transport services. The tender closed on September 5, 2023, and the award was made on October 12, 2023.

The award of this contract presents opportunities for businesses operating in public road transport services to collaborate with Transport for London. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organizations (VCSEs) would be well-suited to compete due to the tender's competitive procedure with negotiation. The long-term nature of the contract provides stability for businesses looking to grow in the public transport sector, offering a chance for sustainable business development in London.

## Notice

Provision of bus service route 314 for 7 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6806ce25-5e47-4e8f-b2e2-5b75d313f1ba |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jan 2024 |
| Submission deadline | 5 Sep 2023 |
| Future notice date | Not specified |
| Award date | 11 Oct 2023 |
| Contract period | 30 Aug 2024 - 29 Aug 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £6,613,896 |
| Lots value | Not specified |
| Awards value | £5,786,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TRANSPORT FOR LONDON |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 8NJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | STAGECOACH SELKENT |

## CPV Codes

### Divisions

- 60 - Transport services (excl. Waste transport)

### Codes

- 60112000 - Public road transport services

## Release History

- 11 Jan 2024 at 15:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6806ce25-5e47-4e8f-b2e2-5b75d313f1ba

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6806ce25-5e47-4e8f-b2e2-5b75d313f1ba
  11th January 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.tfl.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-40e67622-52f2-4e87-91ad-ff849a240a15.json.