LondonUnlocked

Newslinks | TfL Sole Metronet Bidder

The NewsEditor

TfL have issued a press release confirming that they are the sole bidder for the metronet contracts. Now, "as a result of the TfL bid, the PPP Administrator will not take any active steps to market the Metronet companies.

"Under TfL's plans, the people and the assets of the two Metronet companies, BCV and SSL, will be transferred into two TfL nominee companies, which will be managed on a stand alone basis while the long-term structure is agreed with the Mayor and Government."