In deliveryUnited KingdomServices£500,000,000
London Cycle Hire Scheme
- Published
- Published 13 April 2023
- Deadline
- Closed 21 August 2023
Overview
Transport for London (TfL) has awarded a contract for services comprised in the London Cycle Hire Scheme (the "Scheme").
Delivery of the LCHS consists of bicycle supply, management, repair, maintenance; docking station supply, installation, operation, management, repair and maintenance; revenue collection and payment; and various front and back-office IT services (including provision of the mobile app for the Scheme).
The duration of the contract is for an initial term of five (5) years with the option at TfL's sole discretion to extend for one or more periods up to a maximum of a further five (5) years.
Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Estimated value
- £500,000,000
- Procedure
- Selective
- Published
- 13 April 2023
- Deadline
- Closed
Transport equipment and auxiliary products to transportationInstallation of street furnitureSoftware package and information systemsRepair and maintenance servicesInstallation services (except software)Public road transport servicesSupport services for road transportProcessing and clearing services+2 more
Award outcome
- Awarded value
- £277,900,000
- Award date
- 9 December 2025
- Contract period
- — → 13 November 2030
- Serco Limited
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Notice history
Every published notice in this contracting process, newest first.
Contract
9 January 2026
View notice ↗Tender Update
25 July 2023
View notice ↗Contract Notice
14 July 2023
View notice ↗Prior Information Notice
13 April 2023
View notice ↗
Contracting authority
Transport for London
BuyerLONDON, United Kingdom
Authority website ↗Transport for London
BuyerLondon, United Kingdom
Authority website ↗
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