HC Deb 13 December 2001 vol 376 cc999-1000W
Matthew Taylor

To ask the Chancellor of the Exchequer, pursuant to his answer of 3 December 2001,Official Report, column 54W, on London Underground, for what reason he is unable to state what involvement officials from HM Treasury have had in the value for money assessment of the London Underground PPP; and for what reason the Office of National Statistics has not made an assessment of the accounting treatment of the London Underground PPP; and if he will make a statement. [22288]

Mr. Andrew Smith

The value for money assessment of the London Underground PPP will be carried out by London Transport in line with the relevant guidance produced by HM Treasury and the Treasury Taskforce. Treasury, DTLR and London Underground officials are in regular contact about various aspects of the PPP.

The accounting treatment of the London Underground PPP is a matter for London Underground's own auditors.

Matthew Taylor

To ask the Chancellor of the Exchequer what involvement members of the Council of Economic Advisers have had in the value for money assessment of the London Underground PPP; and if he will make a statement. [22255]

Mr. Andrew Smith

The Council of Economic Advisers has had no involvement in the value for money assessment of the London Underground PPP. The value for money assessment of the London Underground PPP will be carried out by London Transport in line with the relevant guidance produced by HM Treasury and the Treasury Taskforce.