TfL Ref: 0894-1718

Thank you for your request received by Transport for London (TfL) on 16 July 2017 asking for some information about the costs of our cycle hire scheme.

Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm that we hold some of the information you require.  Your request and our response is as follows:

Cost of Boris Bikes, capital, annual, life, mileage and income

Per bike: Capital cost

The cost for a bike is £1095.47 including assembly.

Annual running plus admin costs

We do not hold this information per bike.

Annual income divided between hire charges and other 

We do not hold this information per bike.

Annual mileage

We do not hold this information as we only record a bikes start and end locations.

Expected life, years

In laboratory tests, the bicycles withstood the equivalent of 15 years of use, and each bike is guaranteed for five years or 60,000 kilometres (40,000 miles).

Total number of bikes circa

11,500.

All with price bases

Also:

Weight of a bike

Approximately 23 kg.

Total number of bikes

As above, circa 11,500.

We also publish information on the performance of our cycle hire scheme, including statistics such as revenue generated and the most frequent journeys which you may find useful. This information can be found on our website at https://tfl.gov.uk/corporate/publications-and-reports/cycle-hire-performance.

If this is not the information you are looking for, or if you are unable to access it for any reason, please do not hesitate to contact me.

Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.

Yours sincerely

Sara Thomas

FOI Case Management Team

General Counsel