Contract award · 28 Jan 2025

PAN3062 - Park and Ride Operational Contract: All three services operating on a Minimum subsidy model

Leicester City Council awarded “Park and Ride Operational Contract: All three services operating on…” to Roberts Coaches Ltd for £1.97m on 28 Jan 2025.

Vehicles & transport equipmentEast Midlands

Value £1.97m

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Leicester City Council · Regional or local authority
Value
£1,972,000
Procedure
Open procedure
Sector
Vehicles & transport equipment · Public-service buses (CPV 34121100)
Timeline
  1. Contract date28 Jan 2025
  2. Published18 Mar 2025Published 49 days after the contract date

Description

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. 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.

About the supplier

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