Contract for the supply of a bus communications and information system and related services

Tender description

Lot PRO0985: Contract for the supply of a bus communications and information system and related services In 2005 LBSL awarded a 10-year contract to Siemens for the bus communication system known as iBus (the Contract). The Contract was novated to Trapeze in October 2009, when Trapeze purchased the relevant business. In 2015, the parties agreed to extend the Contract from May 2015 for up to 7 years, such that it would terminate in May 2022. Please see the description given at section II.2.4 above for further details of the Contract. The modifications will extend the Contract on its existing terms for a period of up to 5 years (an initial term that takes the remaining duration of the Short-term Extension plus the further extension to a total of 3 years, plus options for two additional one-year extensions) and are required so that Trapeze can continue to provide the iBus services while the procurement of, and transition to, iBus2 services is completed. Please see the description given at section VII.2.1 for further details of the modifications.