§ Harry CohenTo ask the Secretary of State for Transport if he will make a statement on how figures for attributable delays on the London Underground are to be used as(a) a performance measure for the PPP and (b) a basis for payments to the consortium; and who will evaluate the figures. [91068]
§ Mr. JamiesonUnder the PPP, the payments received by the Infrastructure Companies vary according to their performance. One of the key factors in determining performance is "Lost Customer Hours"—the time wasted by delays and the basic measure of Underground reliability.
The methodology for assessing and attributing delays, and calculating payments to the Infrastructure Companies has been working since September 1999. It is explained in detail in the PPP contracts, which will be published once financial close has been achieved on all three deals.