This articles states that Melbourne's Bike Scheme will have 600 bikes, at a cost of $5.5M. Can someone explain how it is costing over $9,000 per bike (including dock) !!! ???
I'll go out on a limb here, and suggest that the Bike & Dock costs $4,000 on average (including pay stations), and it has cost the government another $5,000 per bike, for Project Management !!
And another thing - they haven't announced what the scheme Blow Out is yet !!

Maybe it becomes a $6.5M scheme !



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www.theage.com.au/national/victoria/bike-share-scheme-saddles-up-slowly-in-bleak-weather-20100611-y3oe.htmlBike share scheme saddles up slowly in bleak weather
CLAY LUCAS
June 12, 2010
A bike station on Flinders Street.
MELBOURNE'S new $5.5 million bike share scheme was used 253 times in its opening week of operation, the first statistics from the state government show.
Roads Minister Tim Pallas said more riders were likely to begin using the bikes as more were rolled out across Melbourne, and as the weather improved.
''To be honest, weather hasn't been so great and I think I know exactly why nobody else is using it at the moment,'' Mr Pallas told 3AW yesterday. ''People are starting to use the bikes casually.''
Only 100 of the 600 bikes that will make up the scheme have been installed so far in the CBD.