Asset and Service Commercialisation Strategy Tender - 140694226

Procurement Summary

Country: United Kingdom

Summary: Asset and Service Commercialisation Strategy Market Engagement

Deadline: 22 May 2026

Posting Date: 05 May 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 140694226

Document Ref. No.:

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

71311200 - Transport systems consultancy services
79412000 - Financial management consultancy services

Purchaser's Detail

Name: Login to see tender_details

Address: Login to see tender_details

Email: Login to see tender_detailsLogin to see details

Tender Details

Transport for West Midlands (TfWM) are seeking to appoint a supplier to deliver a chapter of the TFWM commercial strategy, based on revenue that TfWM is generating outside of ticket sales. During 2025/26, £6m was generated from bus stop advertising and approximately £70k from CCTV monitoring and drone piloting services. Whilst TfWM brought in £17m from asset monetisation and service provision in the last financial year; evidence from comparable transport authorities suggest other opportunities for revenue generation. The 2027-2030 Transport for West Midlands Commercial Strategy will consist of three significant chapters; Asset and Service Commercialisation, Farebox Growth and Fleet & Electrification. Collectively, these chapters will support TfWM in maximising revenue generating and cost saving opportunities through a period of extraordinary change. This market engagement focuses solely on the Asset and Service Commercialisation chapter. Focussing the chapter to three years (2027-2030) gives TfWM the flexibility to navigate emerging evidence from bus franchising whilst providing credible, actionable recommendations that will develop commercial mindset and capabilities. Longer term, the Commercial Strategy will ensure TfWM has a diverse range of profitable income streams that works towards reducing reliance on public subsidies. Please respond to this market engagement by filling out the questionnaire here: https://forms.office.com/Pages/ResponsePage.aspx?id=RetZCK7xCk6e-ubWa7...

Documents

 Tender Notice