Over £1.8m will be saved on traffic signal maintenance in London this year after work was retendered to a range of new contractors.
Boroughs are due to see the cost of contracts for maintaining the capital’s 6,000 traffic lights fall by 14.4% this during 2015/16 to £10.8m.
Members of London Councils’ transport and executive sub-committee this morning green-lit the budgets for maintenance work, which is managed by Transport for London (TfL) on behalf of the 32 boroughs.
Local government leaders said the move confirmed London boroughs were fighting to achieve savings for local people.
TfL charges councils for the cost of operation for traffic signal works on borough roads, a sum which in 2014/15 exceeded £12.6m.
Cllr Julian Bell, chair of London Councils’ transport and environment committee said: ‘London is the home of traffic lights in the UK – the first electric lights were installed on Piccadilly in the mid-1920s – and they have saved thousands of lives.
‘As public budgets face ongoing pressure these savings show London’s councils are committed to delivering essential public services while getting the best deal for the taxpayers.’
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