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| Croydon TramWebsite: www.CroydonTram.comCroydon TramPlan your journey on the Croydon Tram
Tramlink is a 28km (17.5 mile) light rail system with three lines providing a fast, frequent and reliable connection to and through a number of areas in south London, including Croydon and Wimbledon. The Croydon Tram became fully operational on 30 May 2000, re-introducing street running light rail to London after an absence of almost 50 years Tramtrack Croydon Ltd won the concession to design, build, operate and maintain the Tramlink system in 1996, under a 99 year Private Finance Initiative (PFI) contract. The current Concession Agreement does not offer enough flexibility to allow TfL to work together with Tramtrack Croydon Ltd to deliver the best service for London Under the terms of the 99 year concession agreement (signed in 1996, before TfL was formed), Tramtrack Croydon Ltd retains the revenue generated by Tramlink. In addition, TfL makes compensation payments to the company for changes to the fares and ticketing policy introduced since 1996. In 2006/07, TfL paid Tramtrack Croydon Ltd £4m. These payments will no longer be required following the acquisition TfL's acquisition of Tramtrack Croydon Ltd, and thus of Tramlink, is subject to the satisfactory outcome of Due Diligence and other investigations. The acquisition is expected to be completed in summer 2008
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