Competitive Tendering at London Transport Buses: Results: 1985-1999
London Transport began competitively tendering bus services in 1986, and nearly all services were
competitively tendered by the end of fiscal year 1998-1999. The following chart summarizes cost performance
from 1985.
Service Kilometers |
+28.5% |
Annual Costs |
-26.0% |
Cost per Kilometer |
-42.4% |
Gross Cost Reduction Compared to Inflation |
£4,256,000,000 |
Calculated from London Transport Annual Reports |
NAVIGATION & PUBLICATION SERIES |
|