Transport for London has named Arriva as preferred bidder for the London Overground contract. A joint venture of Arriva and MTR Corporation has held the concession for the last nine years. The new £1.5bn contract begins on 13 November and runs for seven-and-a-half years with an option to extend for a further two. Four bidders were shortlisted: Arriva; LoKeGo (a Keolis/Go-Ahead joint venture); Metroline Rail; and MTR Corporation. ...
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