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2002-02-05 TfL-001
Transport for London

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Bob Kiley welcomes Transport Select Committee Report into London Underground PPP


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Transport for London

Bob Kiley welcomes Transport Select Committee Report into London Underground PPP
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related documents


HoC Select Committee report February 2002: London Underground (extract: conclusions)

2001-11-26 TfL Review of the PwC 1999 analysis of the London Underground PPP: TfL Press Office Brief (Transport for London)

2001-11-26 Promised £4.5bn PPP savings to taxpayer have vanished (Transport for London)

2001-11-15 Summary of PPP Performance Regime (Transport for London)


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date
5 February 2002
source Transport for London
type Press release



Welcoming today's Report into London Underground by the House of Commons Transport Sub-Committee, Commissioner of Transport for London, Bob Kiley said: "I am delighted the Committee has unanimously concluded the Government should not proceed with the London Underground PPP.

"The Committee's Report highlights the PPP's many flaws:

o It is potentially unsafe;
o It creates a fragmented Underground system;
o It is hugely expensive.

"We agree with the Committee's view that the Government must commit itself to sustained, increased funding for the Underground and that it should now work with the Mayor and TfL to put alternatives to the PPP in place, which will deliver real, measurable and deliverable improvements.

"I thank Mrs Dunwoody and the Committee for their hard work on this comprehensive and considered Report."


Railhub Archive ::: 2002-02-05 TfL-001





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