The NSW Roads and Maritime Services (RMS) have today announced BridgeClimb Sydney have failed in their bid to renew their contract as the operator of the Sydney Harbour Bridge.
Chairman Paul Cave, who also founded the organisation in 1998 released a statement regarding the decision.
"It has been a privilege for us to make a hero of the Bridge, and of every Climber on every Climb," Cave said.
"We will continue to create unforgettable memories until our final Climber."
"Our team have worked tirelessly to deliver the ultimate experience of Sydney. Over 1,500 team members have made a hero of the Bridge, and of every single Climber and visitor since 1998.
"Every one of our past and present team can hold their heads high on what we have created together.
"The team and our customers are our immediate priority."
There is no news regarding who or if, any other organisation will takeover the rights for the world famous climb, which has seen a number of celebrities including Hugh Jackman, David Hasselhoff and Oprah Winfrey make the climb to the "summit of Sydney."
According to the BridgeClimb website, customers booked up until 30 September 2018, will be climbing as usual.
However, booking after 30 September 2018, BridgeClimb will be in contact when there is further clarity regarding these bookings.