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In deliveryUnited KingdomServices£63,800,000Add to pipeline

Lift Maintenance Contract

Awarded to Schindler Limited

London Underground Limited(buyer)

Published
Published 2 August 2024
Deadline
Closed 6 September 2024

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Overview

London Underground Limited has awarded a lift maintenance contract to Schindler Limited for £53.6 million to deliver planned preventative maintenance and 24/7 reactive fault response services for approximately 112 lifts on the Jubilee, Northern, and Piccadilly lines. The contract includes mid-life interventions and inspection facilitation, with a duration of 5 years plus an optional extension of up to 4 years.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£63,800,000
Procedure
Negotiated procedure with prior call for competition
Rules
Utilities Contracts Regulations 2016
Published
2 August 2024
Deadline
Closed
Classification (CPV)
LiftsLift-maintenance services

Award outcome

Awarded value
£53,598,288
Award date
30 March 2026
Contract period
— → 11 February 2035
Against estimate
16% below
Bids received
3
Winner
  • Schindler Limited

This contract ends on 11 February 2035.

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About the winner

Schindler Limited

Based in
Addlestone
Public contracts won
8
Across UK and EU notices

No other contract from London Underground Limited under this supplier name in Skim's records.

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Competition and scoring

Bids received

3

Open and restricted tenders in Repair and maintenance services drew a median of 4 bids over the last 24 months; 17% received only one.

Market context

Typical award in Repair and maintenance services

£102,749

Median of 7,842 awards in the last 24 months

This award is 521.6× the median.

London Underground Limited in the last 12 months

15

contracts awarded, worth £448,872,943 in total

See their procurement profile →

Recent awards in Repair and maintenance services

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    8 April 2026

  2. Contract Notice

    2 August 2024

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