Bike Share Toronto is about to more than double the number of bicycles in its program.
The Toronto Parking Authority (TPA) says it has selected a new supplier for the Bike Share network.
The TPA will purchase 1000 new bikes and 120 new stations from PBSC Urban Solutions this year.
In addition to supplying new bikes and stations, PBSC will also replace the electronic components in the current system, including 81 pay stations and 1500 docks, so that it is fully integrated with the new system.
PBSC is an international company whose systems are used very successfully in cities around the world, including Chicago, London, Montréal, Melbourne, New York and San Francisco.
TPA President Lorne Persiko says “We had a very thorough and detailed tender process, in search of a company that had the best roadmap for the future of bike share and the best value for our dollar,” he says “PBSC Urban Solutions was hands down the winner, and we look forward to working with them over the next 5 years as we grow the Bike Share Toronto network.”
Last summer Metrolinx partnered with the TPA and committed $4.9 million worth of bikes and docking stations to expand Bike Share Toronto’s network, with 20% of the funds committed to the GTHA.