TfL: bus costs more 'because of higher specification'

Libary picture. Credit: Reuters, Luke MacGregor.

The new routemaster-style buses will cost £354,500 each.

But Transport for London claims that the final contract, signed with manufacturer Wrightbus, has saved millions of pounds for the taxpayer.

They say the contract "includes a competitive, fixed price deal for the vehicles - removing the risk and uncertainty of higher production and material costs, and inflation over the next four years".

TfL says the price is "broadly comparable with a standard hybrid double deck bus", with the difference "accounted for by the much higher specification of the new bus compared to a standard hybrid bus".

They also claim that the new bus is "the greenest diesel electric hybrid bus in the world".


Boris visits bus factory

Boris Johnson is travelling to Northern Ireland today to officially open a production line for the new routemaster-style buses.