MD1475 Transport for London’s disposal of non-operational assets: bus sculpture auction

Type of decision: 
Mayoral decision
Code: 
MD1475
Date signed: 
25 March 2015
Decision by: 
Boris Johnson MP (past staff), Mayor of London

Executive summary

As part of the 2014 Year of the Bus celebrations, Transport for London (TfL) produced 60 bus sculptures based on the New Routemaster bus, which were painted and designed by aspiring artists and displayed as walking tours across London. The bus sculptures are now going to be auctioned with the proceeds (net of TfL’s costs) being distributed to charitable institutions in London.

TfL may, in the future, seek to undertake similar activities which entail the disposal of non-operational assets of low or nil value to TfL for charitable purposes.

The approvals below are sought in order that TfL may do so.

Part 1: Non-confidential facts and advice