Skip to content
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
Classification (CPV)
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
Winner
  • Serco Limited

Contract ending soon? Skim tracks incumbents and flags recompetes early. Book a demo to set up alerts.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    9 January 2026

    View notice ↗
  2. Tender Update

    25 July 2023

    View notice ↗
  3. Contract Notice

    14 July 2023

    View notice ↗
  4. Prior Information Notice

    13 April 2023

    View notice ↗

Contracting authority

Get the full picture

AI analysis, bid scoring, and expert strategy for this tender

Skim analyses every tender against your company profile and tells you whether to bid, how to win, and who you are up against.

See which competitors are winning the contracts you're chasing.

15-minute call. We'll pull the win data on your real pipeline and show you what Skim does with it.

Awarded: London Cycle Hire Scheme — won by Serco Limited — Skim