This paper provides a review of bus tendering in London. It brief recaps on the political background and legislation leading up to first tendered routes in London. It describes the evolution of th Tendering Bus Division and Competitive Tendering, in tandem with privatisation of the LBL companies prior to 1994. It describes th functions and timescales currently involved in tendering bus serv and analyses the relationship between route planning and the tendering process. It investigates the impact of tendering and a number of other variables on the cost of London bus services and analyses value for money. It reports the changes in the bus servi supply market and the consolidation of the bus industry, particul in London. In 1995 13 groups had 93% of the London scheduled bus service market, with only one company having a market share great than 15%. By January '99, 6 groups had 91.5% of the London market with 4 groups having a market share greater than 15%. It reviews barriers to entry to London market and attempts to maintain and promote competition in the London bus industry. It reviews the contract regimes used by London Transport and the impact contract type on prices and service quality. It specifically analyses the impact of Tendered Net contracts on average prices and company ca flow and assesses the risks as perceived by the operators. The pa concludes that contracting has resulted in cost savings within a stable planned network, which has importantly delivered patronage growth. However, as the market matures, the ability to guard agai the natural monopolistic tendencies of the bus service industry i key question. For the covering abstract see ITRD E105101.


  • English

Media Info

  • Pagination: p. 165-78

Subject/Index Terms

Filing Info

  • Accession Number: 00793741
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 0-86050-32
  • Files: ITRD,
  • Created Date: Jun 15 2001 12:00AM