Oyster card firm sacked after failures

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

It collapsed twice last month allowing hundreds of thousands of commuters to travel free.

Transport for Londonwas also forced to reimburse thousands of passengers who had their cards wiped clean when they used the automatic "touch" machines at the ticket barriers. On both occasions the fault was laid at the doors of the contractor.

London Transport Commissioner Peter Hendy was said to be "incandescent with rage" at the failures, saying he was determined that "not a penny" of the cost should be paid by London's fare or taxpayers.

TfL will now end its contract with TranSys, the consortium whose principal partners are EDS and Cubic, in 2010. The original contract, which had run from 1998, was for 17 years and is worth around £100 million a year.

However, there was a "break" clause from 2010. A spokesman said: "We are exercising the break option."

Mayor Boris Johnson said he was "convinced" any new contract would deliver enhanced services at lower cost.

In a statement TranSys said: "TranSys, the consortium responsible for delivering Oyster, has received official notification that TfL has invoked the break clause which forms part of the PRESTIGE contract.

"As with the majority of PFIs, the PRESTIGE contract, which has been in existence since 1998 and includes Oyster, incorporates a ten year break clause element.

"The London transport system has changed dramatically over the past ten years. For the benefit of all stakeholders, contract negotiations have been taking place over the last year between TranSys and TfL. The TranSys consortium will continue to operate and deliver for the next two years."