Transport for London (TfL) has awarded a ten year contract worth £660m to Cubic Transportation Systems. Cubic fought off competition from Sheidt & Bachmann and LG CNC to continue their work with TfL on the Electra contract. The contract will cover maintenance and availability of ticketing and fare collection including on 8,500 London buses and 1,900 ticket gates on the underground and over ground stations as well as data management and system integration. The new contract is due to start in August 2015.

Midlands places tender for £4.2 million smartcard system