§ 28. Mr. SymsTo ask the Secretary of State for the Environment, Transport and the Regions what progress he has made on the public private partnership for the London Underground. [94240]
§ Mr. HillExcellent progress has been made on the PPP. London Underground has been restructured, in shadow form, into one operating company and three infrastructure companies. Four consortia have been invited to tender for each of the two deep tube infrastructure companies. Discussions with Railtrack concerning the integration of the subsurface railway and the national rail network are continuing to make progress.
The Greater London Authority Bill, which contains the new powers governing the public private partnership, is in its final stages in the House of Lords.
§ Mr. CohenTo ask the Secretary of State for the Environment, Transport and the Regions what estimate he has made of the principal capital sums which need to be expended on the London Underground in respect of 787W (a) each line, (b) multi-line improvements and (c) other aspects, indicating the principal purposes of each and the (i) sums and (ii) proportion of each item or the total amount arising from the shortfall in past maintenance. [94792]
§ Mr. HillInformation is not available in the form requested. London Underground have made the following line-by-line estimates of how much it will cost to implement the performance regime being developed for the first 15 years of the proposed Public Private Partnership. They estimate that £1.2 billion of the total projected expenditure of £7.36 billion can be attributed to past funding constraints on the Underground network.
£ million (1999–2000 prices) Line Indicative projection of 15 year investment expenditure Bakerloo 390 Central, Waterloo and City 780 Victoria 900 Northern1 950 Jubilee2 280 Piccadilly 1,190 Metropolitan, Circle, Hammersmith and City 1,700 District 970 East London3 200 Total 7,360 1Northern Line train investment costs are contracted for under a separate PFI sceme and are excluded from these figures. 2Excludes operating and maintenance costs for the Jubilee Line Extension project. 3Excludes costs from potential project for extending East London Line.