Four bidders have been shortlisted to run London Overground from November 2016, when the current contract with the operator LOROL expires. They are Arriva Rail London Limited, LoKeGo Limited (a joint venture between Keolis (UK) Limited and Go-Ahead Holding Limited), Metroline Rail Limited and MTR Corporation.
The new concession will include all London Overground routes, including those TfL recently took over from Liverpool Street station to Enfield Town, Cheshunt (via Seven Sisters) and Chingford, as well as services between Romford and Upminster.
The contract will include options to introduce an all-night service at weekends from 2017 and will cover the operation of services on the proposed extension of the Overground to Barking Riverside. The new operator will also be expected to deliver sustained improvements in performance levels, which have been seen since TfL took responsibility for London Overground routes in 2007.
London Overground now carries over 176 million customers a year, equating to more than 585,000 a day.