Transport for London plans to extend Serco’s contract for the provision of the capital’s cycle hire scheme until 2017. Serco was appointed service provider in 2009 and its contract expires in July 2015 but TfL’s finance and policy committee this week endorsed a two-year extension, which must now be approved by TfL’s board. Leon Daniels, TfL’s managing director of surface transport, said: “Since investing heavily in its contract centre capability in 2012, the...
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