Find a Tender · Contract
London Cycle Hire Scheme
A public procurement published by Transport for London via Find a Tender.
- —
- Award value
- £500m
- Tender value
- 1
- Suppliers
- 1
- Awards
- 4
- Notices
- Contract
- Stage
Overview
Transport for London (TfL) is seeking to undertake a procurement of the London Cycle Hire Scheme. The procurement will reaggregate services for bicycle management and supply, revenue collection and civils for an initial term of 5 years from November 2025, with options to extend for a maximum of a further 5 years. The primary focus of this Prior Information Notice is raise industry awareness for a potential future procurement and does not constitute a formal Contract Notice or call for competition.
Key details
- Buyer
- Transport for London
- Source
- Find a Tender
- Lifecycle stage
- Contract
- Status
- planned
- CPV classification
- 60112000 — Public road transport services
- Currency
- GBP
- Total award value
- —
- Tender value
- £500,000,000
- First published
- 13 Apr 2023
- Last updated
- 9 Jan 2026
Awards
1 award recorded on this procurement.
| Supplier | Companies House | Awarded | Status | Value |
|---|---|---|---|---|
| SERCO LIMITED | 00242246 | — | active | — |
Notice timeline
Every published notice in this procurement's lifecycle.
All suppliers
Frameworks & programmes
More from Transport for London
FAQs about this procurement
Who is the buyer for "London Cycle Hire Scheme"?
London Cycle Hire Scheme is a UK public-sector procurement published by Transport for London via Find a Tender.
Has "London Cycle Hire Scheme" been awarded?
Yes — 1 award is recorded, with a reported total value of £500,000,000. The current lifecycle stage is "Contract".
Which suppliers are involved in "London Cycle Hire Scheme"?
1 supplier is linked: SERCO LIMITED.
What is "London Cycle Hire Scheme" worth?
The reported tender value is £500,000,000.
When was "London Cycle Hire Scheme" published?
It was first published on 13 Apr 2023 and last updated on 9 Jan 2026, across 4 notices.
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