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Dept of Transport

Answer

Mr. Bayley: To ask the Secretary of State for Transport how much money he estimates (a) has been paid to date and (b) will be paid in the current financial year by the Government or Railtrack for advice and other assistance in connection with the sale of Railtrack to (1) SBC Warburg, (2) Linklaters and Paines, (3) Ernst and Young, (4) Solid Solutions Associates, (5) Freshfields, (6) Skadden, Arps, Slate, Meagher and Flom, (7) N. M. Rothschild & Sons Ltd., (8) Merrill Lynch International, (9) Simmons and Simmons, (10) Sullivan and Cromwell, (11) Deloitte and Touche, (12) Dewe Rogerson Ltd, and (13) the Royal Bank of Scotland plc (i) separately and (ii) in total.[25869] Mr. Watts: Information about the payments to individual advisers is commercially confidential. However, as usual for major Government share sales, I expect to make an announcement about the total costs of the Railtrack flotation shortly after this has been completed. Scheme upon which construction is expected to start by 31 March 1997 _________________________________________________________________________________________________. Expected completion Scheme date A12 Hackney Wick-Mill LinkContract 1. LB February 1999 Hackney, Redbridge, Walth A12 Hackney Wick-Mill Link contract 3. LB August 1999 Hackney, Redbridge, Walth A13 Wennington-Mar Dyke, Essex June 1998 A13 West of Heathway- Thames Avenue Imp. LB February 1999 Barking and Dagenham A34 Newbury Bypass, Berkshire August 1998 A40 Gypsy Corner Imp. LB Hounslow August 1999 A40 Western Circus Junction Imp. LB Ealing August 1999 London Primary Route Signing Project Summer 1999 _________________________________________________________________________________________________. DBFO Projects showing schemes which are included within each project _________________________________________________________________________________________________. Project Schemes included Project start date A69: Carlile- Newcastle A69 Haltwhistle Bypass Awarded 1995-96 A1(M): Alconbury- Peterborough A1 (M): Alconbury-- Peterborough Awarded 1995-96 A419/A417: Swindon - Gloucester A419/A417 Cirencester and Stratton Bypass A417 North of Stratton-- Nettleton Imp A419 Luton BypassAwarded 1995-96 M1-A1 Link Road: Lofthouse- Bramham M1-A1 Link Road: Lofthouse-- Bramham Awarded 1995-96 Project start date or Project Schemes included expected start date M40: J1 to 15 M40: J1A. 3 widening Spring/summer 1996 A19: Dishforth- Tyne Tunnel A19 Norton- Parkway Interchange Imp Spring/summer 1996 A30/A34: M5 J29- Bere Regis A30 H. oniton- Exeter Imp A35 Talpuddle- Spring/summer 1996 Puddletown Bypass A50/A564: Stoke- Derby Link A564 Doveridge Bypass Spring/summer 1996 _________________________________________________________________________________________________.

Secondary information

Type

Written question

Reference

25869; 276 c150W;276 c152W

Session

1995-96

Subjects

Consultants Privatisation Railway network Railtrack

Contains statistics

Yes