July 23, 2019

Four companies make shortlist for Crossrail contract

It has been announced that four contenders have made the shortlist to run the UK’s newest rail line, with only two of them based in the UK.

A development which is sure to interest those studying for a business management degree, the City’s transport authority, Transport for London, saw huge interest in the contract of managing the new Crossrail route, running east-to-west under the capital and expected to cost around £14.8bn.

The two British companies are National Express and Go-Ahead, with the latter being headed as part of a joint venture with Keolis. They will be completing against Arriva, a subsidiary of Deusche Barn, and MTR, an establishment listed in Hong Kong.

Transport for London have stated that the full bid process will begin in September and will hope to have reached an agreement by late 2014. All bidding teams are likely to have assembled expert teams in preparation for months of intense campaigning for the contract.

Image Credit: Gabriel Pollard (Flickr.com)

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