---
title: "BT87 - Affordable Cycle Loan/ Hire"
ocid: "ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CAPITALESOURCING"
published: "2024-08-08"
---

# BT87 - Affordable Cycle Loan/ Hire

Buyer: CAPITALESOURCING  
Current stage: Award  
OCID: ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f)  
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## Summary

The Environment & Communities Directorate has recently completed the procurement process for the project titled "BT87 - Affordable Cycle Loan/ Hire". The purpose of this contract is to provide a flexible and affordable cycle loan scheme for residents of Westminster, offering access to bicycles through a subscription service. This contract will run from 8th August 2024 to 8th August 2027, with Peddle My Wheels as the appointed supplier. The project falls under the "Motorcycles, bicycles and sidecars" industry category and is valued at £28,500. The procurement method used was an open procedure (below threshold), with the tender period ending on 1st July 2024.

This tender creates an excellent opportunity for businesses involved in cycling, parts, and accessories, specifically small and medium-sized enterprises (SMEs) and those in the voluntary, community, and social enterprise (VCSE) sector. Working on this project enables businesses to engage with a reputable buying organisation, capitalEsourcing, and contribute to increasing sustainable transportation options in a high-profile location such as Westminster. Businesses capable of supplying bikes and running a subscription-based service are well-suited to compete in this dynamic and impactful market.

## Notice

The Environment & Communities Directorate is seeking to appoint a provider to deliver a flexible and affordable cycle loan scheme for Westminster residents. The contract needs to include the purchase of cycle stock and running of the service. The overarching aim is to give people living, working or studying in Westminster, the opportunity to access a cycle suited to their needs through a subscription, without needing to purchase one. This is to remove one of the known barrier to cycling.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/20880065-9f77-416a-9481-5efaf1459cf9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Aug 2024 |
| Submission deadline | 1 Jul 2024 |
| Future notice date | Not specified |
| Award date | 16 Jul 2024 |
| Contract period | 7 Aug 2024 - 8 Aug 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £28,500 |
| Lots value | Not specified |
| Awards value | £28,500 |
| 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 | CAPITALESOURCING |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1E 6QP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PEDDLE MY WHEELS |

## CPV Codes

### Divisions

- 34 - Transport equipment and auxiliary products to transportation

### Codes

- 34400000 - Motorcycles, bicycles and sidecars
- 34432000 - Parts and accessories for bicycles

## Release History

- 8 Aug 2024 at 11:14 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/20880065-9f77-416a-9481-5efaf1459cf9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/20880065-9f77-416a-9481-5efaf1459cf9
  8th August 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.westminster.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-f1cedd85-91f5-4265-9d9e-1592abb0d24f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f1cedd85-91f5-4265-9d9e-1592abb0d24f.json.