Lanes Group secures lucrative TFL contract
Lanes Group has secured a five-year contract to provide maintenance services across the London Underground.
The contract, worth £65 million, has the option for a three-year extension, and will be the third maintenance contract awarded to the Lanes Group by Transport For London (TFL) in a four-month period. The contract is due to go live in June.
Work covered includes all building maintenance across the London Underground network and depots, power sites, engineering works and train crew accommodation.
“Network Rail has just re-awarded a substantial COOM multi-route drainage maintenance contract to Lanes Group company UKDN Waterflow (LG) Ltd for another 18 months,” said Wayne Earnshaw, managing director at Lanes Group. “Our depot network is also winning an increasing amount of work with Network Rail maintenance partners.”
Lanes Group has been working within the rail sector since the 1990’s, with Lanes Rail satisfying major contracts across the national rail network, London Underground and light rail/tram sector.
With this new contract, Lanes has increased the amount of assets it is now responsible for maintaining with TFL by 40 percent. When combined with the two previous TFL contracts the turnover of the rail division, Lanes rail, will increase by 30 percent.
Lanes Rail handles more than 18,500 reactive incidents a year with TFL.