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Archive
2001-09-19 LRT-001
London Regional Transport
Preferred bidder in public private partnership for sub-surface lines
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Press release
London Regional Transport
Preferred bidder in public private partnership for sub-surface lines
The Board of London Transport announces that the preferred bidder to acquire the sub-surface Public Private Partnership infrastructure company on the Circle, District, Metropolitan, Hammersmith and City and East London lines (Infraco SSL) is Metronet.
The next step is for Metronet to engage in final exclusive negotiations with London Underground to conclude the PPP contract. Conclusion of the PPP contract is expected in late 2001.
While Metronet has been named preferred bidder on SSL, LINC will be held in reserve.
Announcing the preferred bidder, London Underground Chairman and Managing Director, Derek Smith, stated:
'We have selected a strong consortium and I am confident that Metronet is the right bidder to work in partnership with London Underground into the future.'
Announcements on the preferred bidders to acquire the infrastructure companies for the Jubilee, Northern and Piccadilly Lines (Infraco JNP) and for the Bakerloo, Central and Victoria lines (Infraco BCV) were made in May, 2001.
Further information is available from the London Underground Press Office (020 7918 4747) or from the London Underground website www.thetube.com
Notes:
The Infracos maintain, renew and upgrade the key London Underground assets.
The Infraco SSL competition is for the Circle, District, Metropolitan,
Hammersmith and City and East London lines.
The members of the consortia are:
Metronet:
Bombardier Transportation (formerly Adtranz)
WS Atkins plc
Balfour Beatty plc
SEEBOARD Group plc
Thames Water Plc
LINC:
Alcatel Telecom Ltd
AWG Plc
Bombardier Inc
Fluor Ltd
John Mowlem & Company PLC
Railnews Archive ::: 2001-09-19 LRT-001
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