Cubic Transportation Systems gets £660m Electra contract

Transport and Related Services

Transport For London (TfL) has awarded £660 million ticketing and fare collection services contract for over 10 years, to technology and specialised services firm Cubic Transportation Systems Ltd.

The continuing collaboration between TfL and Cubic is likely to further enhance London’s ticketing and fare collection other services for clients. The Electra contract award includes the maintenance and availability of ticketing and fare collection equipment on 8,500 buses; 1,900 ticket gates at London Underground and London Overground stations; 1,800 stand-alone validators, consisting the DLR; 1,600 ticket machines; and 250 National Rail stations where card readers are placed. There are also about 4,000 retail devices at Oyster Ticket Stops throughout London. Oyster is a smartcard used for travelling around London which holds pay as you go credit, Travelcard and Bus & Tram Pass season tickets.Read complete story at http://www.tendersontime.com/blog-detail/cubic-transportation-systems-gets-pound660m-electra-contractnbsp-214.php