What is the value of the contract Indra won with Transport for London?

The contract is worth up to 975 million euros.

When will Indra's contract with Transport for London expire?

The agreement runs until 2034, with options to extend to 2039.

What systems will Indra manage for London's public transport?

Indra will manage ticketing and control systems, including gates, validators, ticket machines, and back-office payment systems.

Home / Business and Economy / Massive €975M Contract for Indra in London

Massive €975M Contract for Indra in London

16 Jan

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Summary

Indra wins up to €975 million contract for London's transit systems.
The deal covers ticketing and control systems until 2034, with options to 2039.
The contract includes managing gates, validators, and back-office payment systems.

Massive €975M Contract for Indra in London

Spanish technology firm Indra has been awarded a major contract by Transport for London (TfL) to manage the city's public transport ticketing and control systems. The deal, potentially worth up to 975 million euros, is set to run until 2034, with options for extension to 2039. This significant agreement will encompass systems across the Underground, trams, buses, and ferries.

Indra will be responsible for the maintenance and operation of numerous components, including thousands of gates, validators, and ticket machines. Furthermore, the company will oversee retail sales terminals, portable inspection devices, and the critical central back-office and payment systems, with a strong emphasis on cybersecurity. The London transit network currently facilitates over 8.6 million journeys each day.