Report to Ken Livingstone on the London Underground PPP

2001-02-02 Prescott and Kiley agree to work together on the London Underground Public Private Partnership (Department of the Environment, Transport and the Regions)

2000-12-13 Commissioner tables alternative to 'fatally flawed' PPP (Greater London Authority)

2000-03-30 Pressing ahead with the PPP - Public Sector Comparator details published (Department of the Environment, Transport and the Regions)

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date 23 February 2001
source Transport for London
type Publication

note By Robert Kiley, Commissioner of Transport for London.

For the past three years, the Government has been engaged in an effort to enter into a Public Private Partnership (PPP) on behalf of London Underground, after which ownership of London Underground would be transferred to Transport for London (TfL). Under the Government’s plan, control of the Underground, however, would remain in private hands. This is the first report on this process based upon access to virtually all relevant information.

Last November, the Mayor requested that Transport for London examine the proposed PPP and report its conclusions. That report, submitted to the Mayor on 13 December 2000, concluded that the PPP, as then understood by TfL, based on the limited information made available by the Government, was “fatally flawed”. At the same time, Transport for London put forth an alternative plan for the reconstruction and renewal of the London Underground under the direction of a chief executive with responsibility for all aspects of this critical public asset.

Our work since December, described below, confirms the fundamental conclusions of the December report. The “fatal flaw” is simply that the public will own the system, but not control it. The result is a divided management structure that will leave the public managers with no practical means of effectively operating the transport system or ensuring the safety of its millions of daily customers. In short, implementation of the PPP would be unsafe, inefficient and prohibitively expensive.

[[for full report click on link in related documents]]

Railhub Archive ::: 2001-02-23 TfL-001