Transdev is on track to run the Luas for six more years
French transport giant Transdev has confirmed it has been awarded a new six-year contract to operate Dublin's Luas tram system in a deal likely to be worth as much as €200m.
It also has an option to extend the contract for an additional five years. The deal was first revealed by the Irish Independent last month.
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Transdev will manage 42km of tracks, three depots and 73 light rail vehicles, with a staff of 350. The new contract comes into effect in December. Transdev has operated the Luas since it opened in Dublin 15 years ago.
Transdev is currently responsible for the operation of the Luas, while the maintenance contract is held by an Irish arm of French firm Alstom, which also manufactured the Luas carriages.
Alstom's contract extends to tram maintenance, power and infrastructure.
Staff working for Alstom on Luas maintenance will transfer to Transdev under the transfer of undertakings protection of employment regulations.