London Borough of Merton · Awarded contract
Awarded

Award of Cashless Parking System to RingGo Limited by London Borough of Merton

Awarded 03 Jul 2024

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Awarded03 Jul 2024
Value£2,600,000.00
RegionUnited Kingdom
CategoryTransport & Logistics
Expires in 2y 8mo5y term, 47% elapsed
Awarded 3 July 2024Expires 2 July 2029

London Borough of Merton awarded a contract to RingGo Limited for a cashless parking system via a further competition using the ESPO 509_23 framework.

The system provides an alternative to pay and display for parking charges, allowing motorists to pay for and extend parking from anywhere using their phone or online.

With 85% of parking charge transactions currently made through the online cashless service, it is an essential service.

As Merton reduces its estate of aged pay and display machines, the cashless parking system will play a critical role in managing parking charges and meeting savings.

The contract is for 5 years with a break clause at year 3, valued at £2,600,000.

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