Management
Prior to 1997 the DLR was a wholly owned subsidiary of London Regional Transport. In 1992 it was transferred to the London Docklands Development Corporation, sponsored by the Department of Environment.
The DLR infrastructure is owned by Docklands Light Rail Limited, part of the London Rail division of Transport for London, which also manages London Overground, London Tramlink and Crossrail. The first concession was awarded to Serco Docklands Limited for seven years with operations commencing in April 1997. A management buyout backed by Serco, management later sold their shares to Serco. A two-year extension was granted in 2002.
In February 2005 Transport for London announced Balfour Beatty/Keolis, First Carillion, RATP/Transdev and Serco had been shortlisted to operate the concession.
In November 2005 Transport for London announced Serco had retained the concession for seven years from May 2006.
Three recent extensions - Lewisham, City Airport and Woolwich Arsenal - have been designed, financed, built and now maintained by private companies: City Greenwich Lewisham (CGL) Rail, City Airport Rail Enterprises (CARE) and Woolwich Arsenal Rail Enterprises (WARE).
In July 2012 Transport for London called for expressions of interest in bidding for the next DLR concession.
Read more about this topic: Docklands Light Railway
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