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East Bank

Questions to the Mayor of London – answered on 17th October 2019.

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Photo of Navin Shah Navin Shah Labour

How concerned are you about the corporate risks and issues to the project, that have been identified by the LLDC Audit Committee?

Photo of Sadiq Khan Sadiq Khan Mayor of London

While there are inherent risks in any major construction project - not least because of current challenges in the construction market and the uncertainty around Brexit - LLDC have a three-line assurance process to seek to identify risks and issues early with the East Bank project so that mitigating actions can be taken. There is close working between LLDC and Mace, the construction managers on the project, as well as regular analysis of costs and risks with external assurance support as required, and an independently chaired risk and assurance board that monitors progress.