Find a TenderAwarded
Published 13 Apr 2023, 12:33 BST

Official UK procurement notice

London Cycle Hire Scheme · UK public procurement notice

Official notice

Authority: Transport for London (Public body)·Consortium: 2 public authorities

ServicesCompetitive dialogue
Published estimate£500,000,000exc. VAT · 1 value update44.4% below published estimate
Submissions closed 4 Sept 2023awarded 9 Dec 2025
Awarded to Serco Limited

What is being bought

Published requirement description

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.

CPV: Financial transaction processing and clearing-house services · IT services: consulting, software development, Internet and support · Installation of street furniture · Installation services (except software) · Processing and clearing services · Public road transport services · Repair and maintenance services · Software package and information systems · Support services for road transport · Transport equipment and auxiliary products to transportation

The lotProcurement structure

single lot · value published
Lot #1The London Cycle Hire Scheme (currently known as "Santander Cycles") was established…AwardedRenewalPublished value£500,000,000

The London Cycle Hire Scheme (currently known as "Santander Cycles") was established in 2010 and covers 13 London boroughs with 819 docking stations, 21,500 docking points and 12,237 bikes, including 2,000 e-bikes.

The procured contract is for the supply, operation (including redistribution) and maintenance of mechanical bicycles and e-bicycles and associated on-street docking stations. The contract also includes the development, delivery and maintenance of all systems (including IT) necessary to operate the London Cycle Hire Scheme, customer-facing systems (including payment and the mobile app), and interfaces with TfL systems.

A key objective of the contract is an improvement to the customer offering across all customer interfaces, particularly via digital platforms, as well as the provision of an on-street asset (bicycle docking station) refresh/replacement programme including on-street in-dock charging for e-bicycles.

Transport for London has procured a single supplier for the following Scheme services under a bespoke services contract:

Asset Provision, Operation and Maintenance

The design, supply, installation, operation, maintenance and disposal of all existing and future scheme assets as required for the delivery of the Scheme, including (without limitation):

  • bicycles, both classic (mechanical) and electric, including all associated component parts and spares;
  • GPS technology on all new bikes introduced to the Scheme;
  • supporting infrastructure, including:
  • docking stations (including In Dock charging)
  • power infrastructure and installation for docking stations;
  • foundations for docking stations;
  • installation/construction of Scheme on-street infrastructure.

The development of tools, procedures, processes and systems for strategic asset management.

Day-to-Day Scheme Management

The strategic real-time deployment (including use of additional hub locations) and redistribution of bicycles, including (without limitation):

  • preventative and reactive maintenance, of both bicycles and on street assets including use of scheduling;
  • bicycle tagging and tracking;
  • incident management;
  • retrieval of abandoned/found bicycles;
  • design, build and/or source, testing and commissioning of the next generation of bicycles;
  • cleaning of docking stations and bicycles;
  • performance monitoring and reporting.

The management and maintenance of scheme assets and associated power and infrastructure.

The provision of, and management of, operational premises in London to support the operation of the Scheme.

Customer Interface

The design, development, maintenance and delivery of all user interface software, including (without limitation):

  • mobile app;
  • website;
  • terminal user interfaces;
  • user payment systems;
  • customer accounts;
  • generation of promotional codes;
  • responsive customer reward system;

Systems

The design, development, maintenance and delivery of all required front and back-office systems infrastructure and associated management activities for the delivery of the Scheme, including (without limitation):

  • revenue collection and payment systems;
  • gathering and reporting of management information;
  • the ability for back-end system management for authorised users;
  • effective operation and integration with all TfL and partner interfaces (as required);
  • console requirements as detailed in the tender documentation;
  • all required data management and processing, with the ability to integrate;
  • the transition from the existing systems.

Additional Requirements

Additional services that may be required to be delivered during the contract term include:

  • Increasing the number of assets used by the Scheme, such assets to be provided by the supplier.
  • Managing required changes in the numbers of different types of assets, such as different types of bicycle or docking stations.
  • Introducing new sites.
  • Expanding the geographical operating area of the Scheme.
  • Developing the Scheme to incorporate other projects, services and assets including (but not limited to) infrastructure, charging arrangements, assets, operation, maintenance and support.
  • Upgrades in technology.
  • Enabling "Hybrid Parking", that is, establishing bicycle parking and hiring outside of existing docking points.
  • Introducing new micromobility vehicle types to the scheme, e.g. electric scooters.
  • Connecting the service system to additional interfaces.
  • Adding safety features for bicycles and/or cyclists.
  • Implementing requirements resulting from a change of sponsor (e.g. change in livery, addition of sponsor accessories).
  • Operating similar, separate projects or initiatives as required by TfL.
  • Updating, enhancing and/or expanding the services, systems and/or IT infrastructure used in any of the service requirements and/or for any additional schemes, operations for similar projects or initiatives.
  • Implementing amendments to the services and the service systems to support new customer charging methods such as, but not limited to, time-based or demand-based customer charging mechanisms.
  • Reflecting general advances in technology in the Scheme infrastructure including in respect of Scheme assets and service system design.
  • Introduction of on street card readers that are compatible with TfL payment Gateway at any terminal.
Delivery: London · London
Extensions: The contract can be extended beyond the five year initial term incrementally up to a five further years (ten years in total). · Yes. The contract can be extended at TfL's sole discretion on multiple occasions after the initial term of five (5) years for a maximum extension period of five (5) years.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 50%Price: 40%Social value: 10%
Published sub-criteria (3)
  • Technical: 50%
  • price: 40%
  • Social Value: 10%
Published award criteria (3)
  • Technical: 50
  • Social Value: 10
  • Price: 40
Conditions of participation1
  • Suitability

    Full details of the conditions for participation in the procurement can be found in the procurement documents accessible via the SAP Ariba portal.

    Applicants should note that they may be required to supply audited accounts.

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Competitive dialogue
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
13 Apr 2023, 12:33 BST
Last source update
9 Jan 2026, 17:53 GMT
FTS notice number
2026/S 000-002070
Classification (CPV)
Financial transaction processing and clearing-house servicesIT services: consulting, software development, Internet and supportInstallation of street furnitureInstallation services (except software)Processing and clearing servicesPublic road transport servicesRepair and maintenance servicesSoftware package and information systemsSupport services for road transportTransport equipment and auxiliary products to transportation
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-03be61 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering
Performance terms

Please see the form of contract included with the procurement documents.

The successful tenderer may be required to provide a performance guarantee from its parent company in the form set out in the contract documents.

Publisher note: Suppliers are required to respond to all sections of the SSQ and must submit responses in accordance with the instructions and response deadline stated in section IV.2.2. Each response must be submitted electronically via the SAP Ariba portal. Interested suppliers are to register with the SAP Ariba Business Network via TfL's Supplier self-registration link, in order to participate in the tender process, https://s1-eu.ariba.com/Sourcing/Main/ad/selfRegistration?realm=TfL. Once registered on the SAP Ariba Business Network, you can then express an interest by sending your Ariba Network ID (ANID) and the LCHS primary bid contact details (name, email address, phone number) to the following email address: [email protected] with the subject "LCHS - Request to Participate". Suppliers must also click 'Intend to Bid' in order to fully register against the contract opportunity. SAP Ariba Supplier Registration Help Page: https://help.sap.com/docs/ARIBA_NETWORK_SUPPLIERS/ddd75910f67b4212b1c83f9d68cd2f01/de32f3eaf0181014be26e0d2a68be9ef.html. If you have any queries regarding your registration, please email: [email protected] TfL reserves the right without notice to change the procurement process detailed in the procurement documents or to amend the information provided, including, but not limited to, changing the timetable, the scope and the procurement process. This will be subject to the normal rules of public law and transparency. Moreover, TfL reserves the right to provide further information to supplement the procurement process. Suppliers enter this procurement process at their own risk. TfL shall not accept liability nor reimburse a tenderer for any costs or losses it incurs in relation to its participation in the procurement process, regardless of whether or not TfL has made changes to the procurement process. TfL also reserves the right, at any point and without notice, to discontinue the procurement process without awarding a contract, whether such discontinuance is related to the content of tenders or otherwise. The Contracting Authority strongly encourages those interested in tendering to undertake their activities in line with Responsible Procurement principles. Further information on TfL's Responsible Procurement policies can be found on the following website: https://tfl.gov.uk/corporate/publications-and-reports/procurement-information. The UK government has announced its commitment to greater data transparency. Accordingly, TfL reserves the right to publishing its tender documents, contracts and data from invoices received. In doing so, TfL may at its absolute discretion take account of the exemptions that would be available under the Freedom of Information Act 2000 and Environmental Information Regulations 2004. Further information on TfL may be found at www.tfl.gov.uk.

How it was run

Official notice
Run through: SAP Ariba · Who buys & how to bid on SAP Ariba
Supplier login requiredLanguage: EN
Access & registration note: Free buyer-specific invitations
Submission deadline
4 Sept 2023, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Participation fee
document
Bid validity
360 days from the deadline
Detailed submission instructions & authority contactsFrom official release

Timeline

12 Jun 2023 → 9 Jan 2026 · 4 dates
  1. Next notice expected
    12 Jun 2023, 00:00 BST
  2. Submission deadline
    4 Sept 2023, 12:00 BST
  3. Invitations to tender expected
    28 Sept 2023, 00:00 BST
  4. Notice published288 days ago
    9 Jan 2026, 17:53 GMT

Notice history

7 events · 4 releases on Find a Tender · since 14 Jul 2023
  1. Published value published: £500,000,000
    14 Jul 2023, 16:36 BST
  2. Status changed to active
    14 Jul 2023, 16:36 BST
  3. Procurement method changed
    14 Jul 2023, 16:36 BST
  4. Deadline published: 21 Aug 2023, 12:00 BST
    14 Jul 2023, 16:36 BST
  5. Deadline moved to 4 Sept 2023, 12:00 BST
    25 Jul 2023, 13:33 BST
    +14 days · was 21 Aug 2023, 12:00 BST
  6. Status changed to complete
    9 Jan 2026, 17:53 GMT
  7. Buyer details updated
    9 Jan 2026, 17:53 GMT
Published amendments (1 · 1 deadline change)
WhenWhatBeforeAfterShift
—DeadlineIV.2.221 Aug 20234 Sept 2023+14 d

1 amendment published without a description.

Routine re-releases (4)
  • 2023-04: 1 release · 13 Apr 2023

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £277,900,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 9 Dec 2025
Awarded toValueDateStatus
Serco Limited£277,900,000 †—Awarded

Contracts

  • London Cycle Hire Scheme · Serco Limited

    Signed
    9 Dec 2025
    Value
    £277,900,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids———

Contracting authority & participating public bodies

2 public bodies on the notice

Transport for London

Contracting authorityPublic bodyBody governed by public lawGeneral public services PHMT-6197-NWNZ 5 ENDEAVOUR SQUARE, LONDON, London, E201JNContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court of England and Wales Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Serco LimitedAwarded supplierGB-COH: 00242246 Serco House, Bartley Wood Business Park, Bartley Way, Hook, Hampshire, UK, RG27 9UY

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria