Written question asked by Tom Brake (Liberal Democrat) on Wednesday, 17 July 2002, in the House of Commons. It was due for an answer on Wednesday, 24 July 2002. It was answered by David Jamieson (Labour) on Wednesday, 24 July 2002 on behalf of the Department for Transport.

Dept for Transport

Question: To ask the Secretary of State for Transport, pursuant to his Answer of 16th July, ref 69786, what contingency plans he has for the case where, after the financial close of PPP, a key partner in the Tubelines or Metronet Consortium fails and no replacement partner is found.

Answer: Tom Brake: To ask the Secretary of State for Transport, pursuant to his answer of 16 July 2002, Official Report, column 143W, what contingency plans he has for the case where, after the financial close of PPP, a key partner in the Tubelines or Metronet Consortium fails and no replacement partner is found. [71812] Mr. Jamieson: As my answer of 16 July made clear, the PPP contracts allow for changes in the shareholders of the consortia, subject to the consent of London Underground, including changes to the number of shareholders.

Secondary information

Type: Written question
Reference: 389 c1240W;389 c1238W; 71812
Session: 2001-02
Subjects: Finance London Underground Public private partnerships Underground railways Metronet Tube Lines
Link: View this Written question on www.publications.parliament.uk