London Underground

Transport, Local Government and the Regions written question – answered on 7th November 2001.

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Photo of Matthew Taylor Matthew Taylor Liberal Democrat Spokesperson (Treasury)

To ask the Secretary of State for Transport, Local Government and the Regions if he will place in the Library the terms of reference for evaluation of the PPP bids for the London Underground.

Photo of Mr David Jamieson Mr David Jamieson Parliamentary Under-Secretary, Department for Transport, Local Government and the Regions

London Transport is carrying out a thorough evaluation of the value for money of the bids for the London Underground PPPs, in line with the relevant guidance produced by HM Treasury and Treasury Taskforce, copies of which are already in the House Library. London Transport is also working to ensure that when it evaluates final PPP bids it addresses the issues raised by the National Audit Office in its report "The financial analysis for the London Underground Public Private Partnerships".

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