Issue - decisions

Highways Services Contract

01/03/2021 - Highways Services Contract

  1. To award the Highways Service Contract to Ringway for eight years from 1 April 2021 to 31 March 2029 with an option to extend for an additional four years to 31 March 2033 (8+4) subject to satisfactory performance, at an estimated annual value of the contract at £10m and a total maximum contract value of £120m including all extensions.  The contract will effectively be exclusive but will make provision for early termination after two years and then every two years thereafter. The option of a biennial review will allow LB Lambeth to review and consider other opportunities during the term of this contract.