TfL Transformation programme (5)

Meeting: 
MQT on 2017-12-14
Session date: 
December 14, 2017
Reference: 
2017/5125
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

With regards to the TfL Transformation programme please provide me with details of the Projected savings by year of Business Plan (net and gross)?

Answer

Answer for TfL Transformation programme (5)

Answer for TfL Transformation programme (5)

Answered By: 
The Mayor

Transport for London (TfL) is currently carrying out the largest ever overhaul of the organisation to provide an efficient and cost effective transport service for Londoners, while maintaining safety, front-line services and vital investment. 

The TfL Transformation programme covers the years 2017/18 - 2021/22. Across the remaining years of the plan, a number of opportunities have been identified to increase these efficiencies further to achieve a surplus while preserving front-line services and running a safe, affordable transport network. This includes reducing the number of TfL office buildings from over 30 to three accommodation hubs and decreasing reliance on agency staff.

The total savings the programme has proposed it will achieve in the Draft 2017 Business Plan are shown in the table below: