Estimated Value
Up to £1,972,000
Deadline
Not specified
Published
18 March 2025
Type
services
Overview
A minimum cost basis, where the price you submit is based on the cost of operating the Contract. This shall include all farebox revenue and concessionary travel reimbursement will accrue to Leicester City Council (the Authority) and should be deducted from each invoice for the relevant period.
If a minimum cost model was to be implemented this would ensure that the Authority takes the full revenue risk and would pay the Supplier for the running the Service. With a minimum subsidy model the Supplier takes the revenue risk and retains the revenue with no additional sums payable by the Authority. It is at the discretion of Suppliers if they wish to submit a bid for Lot 2 for a minimum subsidy model.
Key points
- Meynell’s Gorse Park and Ride
- Enderby Park and Ride
- Birstall Park and Ride The Services will operate on Mondays to Saturdays throughout the year from 7am to 7pm, except on Bank Holidays, excluding Good Friday. Tenderers should note that the operation and management of the park and ride sites including the car park is not included within this Contract opportunity.
Eligibility & compliance
All Suppliers must ensure that they submit a bid for Lot 1 to be compliant.
Submission
A minimum subsidy price is where the price you submit is based on the cost of operating the Contract, minus any farebox revenue (including on and off bus sales) and concessionary travel reimbursement (based on the equivalent adult single fare), which is retained by the Supplier.
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Award Details
Roberts Coaches Ltd
£1,972,000
Before you bid, buyers check
two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
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Buyer Profile
Leicester City CouncilKey Dates
Published
18 March 2025
Submission deadline
Not specified
Notice type
award
Source
find a tender
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