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Post by greenboy on Jul 3, 2024 9:25:59 GMT
Whilst it is understandable that the SL7 would be shortened I can’t help thinking that it is being driven by trying to get electrics onto the route. Electric buses could be used on the current SL7 route, it’s obviously being done to reduce the route to a more manageable length.
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Post by snowman on Jul 8, 2024 19:49:01 GMT
From latest TfL Board Finance papers Sections 5.5 and 5.6. There has been unbudgeted finance pressure on tender prices, and number of extra tenders as routes handed back. Unbudgeted £17.2m and expected to be £57.1m per annum board.tfl.gov.uk/documents/s22649/fc-20240711-item05-delegated-authority.pdfSounds like the Operators have been able to increase income by £57.1m per year on higher prices from higher tender bids. Of course costs will have risen too. I think this means London's bus network is now losing over £2m every day (costs more than income)
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Post by southlondon413 on Jul 8, 2024 19:55:49 GMT
From latest TfL Board Finance papers Sections 5.5 and 5.6. There has been unbudgeted finance pressure on tender prices, and number of extra tenders as routes handed back. Unbudgeted £17.2m and expected to be £57.1m per annum board.tfl.gov.uk/documents/s22649/fc-20240711-item05-delegated-authority.pdfSounds like the Operators have been able to gain £57.1m per year on higher prices from higher tender bids. Perhaps if TfL were more open to negotiation and general above inflation increases they could have easily avoided this but instead there are no routes that were tendered 5 years ago now returning with double the per mile payment. Very few new tenders are now are less than £10 per mile. It also doesn’t help that operators are not competing as much anymore for routes and are largely focusing on retaining routes they already run.
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Post by matthieu1221 on Jul 24, 2024 15:28:59 GMT
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Post by southlondonbus on Jul 24, 2024 18:34:25 GMT
From latest TfL Board Finance papers Sections 5.5 and 5.6. There has been unbudgeted finance pressure on tender prices, and number of extra tenders as routes handed back. Unbudgeted £17.2m and expected to be £57.1m per annum board.tfl.gov.uk/documents/s22649/fc-20240711-item05-delegated-authority.pdfSounds like the Operators have been able to increase income by £57.1m per year on higher prices from higher tender bids. Of course costs will have risen too. I think this means London's bus network is now losing over £2m every day (costs more than income) As we have said before the gamble largly paid off for the operators. So far Stagecoach retained their routes (160/180/273) Metroline retained the 328 but lost the 306 (did gain the 481 thou). RATP lost the most which is understandable with the amount they handed back (28/481/C3) but still retained a sold body of work in Kingston plus the 49, 148 and 283. Arguably the C3 wasn't really suited to X anyways.
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