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Written question asked by Lord Bellingham (Conservative) on Wednesday, 22 January 2003, in the House of Commons. It was due for an answer on Thursday, 30 January 2003. It was answered by David Jamieson (Labour) on Thursday, 30 January 2003 on behalf of the Department for Transport.


Dept for Transport

Question
To ask the Secretary of State for Transport, how much the (a) Tube Lines and (b) Metronet consortia have spent on bid costs as part of their PPP bids for London Underground projects. - Inc figure and ref to 13 January 2003 397 c397-8W.
Answer

Mr. Bellingham: To ask the Secretary of State for Transport how much the (a) Tube Lines and (b) Metronet consortia have spent on bid costs as part of their PPP bids for London Underground projects. [93397] Mr. Jamieson: The total costs of all of the bidders, successful and unsuccessful, are estimated to be around £270 million. As my reply of 13 January 2003 Official Report, column 398 W to the hon. Member for Tatton (Mr. Osborne) explained, the PPP amounts to modernisation of the entire underground network over the next 30-years. The level of bid costs reflects this and also the lengthy duration of the bidding process, which commenced in October 1999. Nonetheless, the level of bid costs represents only an extremely small proportion of the value of investment that will be delivered over the life of the contracts.


Secondary information

Type
Written question
Reference
93397; 398 c986W;398 c980W
Session
2002-03
Subjects
Contracts Contracts for services Expenditure Greater London London Underground Public private partnerships Modernisation Underground railways Metronet Tube Lines
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk