Oyster card brand passes to TfL

Transport for London announced yesterday that they will be looking after the future management and development of the Oyster card system. In August, TfL terminated their £100m annual contract with TransSys, the consortium who had the contract to maintain and develop Oyster cards. This was followed by a flurry on interest in what would happen to the brand and the system in general and whether Oyster payments could be made by mobile phone or smart cards.

Now there is a new arrangement with Cubic Transportation Systems Limited and EDS. Shashi Verma, TfL's Director of Fares and Ticketing said:

'This new deal will see Oyster in the pockets of Londoners for years to come and will save significant money that TfL will invest in improving transport in the capital. Transport for London is delighted that its successful partnership with Cubic and EDS will now continue for the next five years.

'The new contracts will deliver better value for money and improvements to Oyster for passengers across London.'

It could hardly deliver worse value for money and I certainly look forward to hearing what the improvements will be. Thanks to Phill Price for letting me know about this.

London Underground; Tube Posted by annie mole Thursday, November 20, 2008 Permalink COMMENT HERE
Tweet http://london-underground.blogspot.com/2008/11/oyster-card-brand-passes-to-tfl.html