Words in [single square brackets] included hyperlinks in the original document
Words in [[double square brackets]] are editorial additions or corrections
Words in [[[triple square brackets]]] indicate embedded images or graphics in the original document. (These are not usually archived unless they contain significant additional information.)
Commenting on London Underground's decision to announce the Preferred Bidder to manage the infrastructure of the Tube's Sub-Surface Lines for the next 30 years under the Government's proposed PPP today, Commissioner of Transport for London Bob Kiley said:
"The announcement was rushed, is premature and was taken without meaningful consultation with Transport for London.
"The Government has repeatedly said that their Public Private Partnership plans for the Tube will not proceed unless it is proven that they provide value for money. Both the Preferred and losing bids from the companies wishing to run the Tube's Sub-Surface Lines announced today do not provide value for the taxpayer's money.
"Proceeding with this Public Private Partnership on such a basis will result in an extremely wasteful and inefficient use of the public's money."
Railnews Archive ::: 2001-09-19 TfL-001
related documents
London Underground public private partnership: emerging findings
2001-07-17 Kiley removed as chairman of London Transport (Department of Transport, Local Government and the Regions)
London Underground public private partnership: emerging findings