Publications archive
Post Commercial Close Consultation Report
On 14 May 2002, London Transport requested that Transport for London provide consultation comments on PPP documents that had been finalised on 8 May 2002, as part of commercial close of the PPP transactions.
Second Interim Consultation Response to London Transport
TfL's 21 March 2002 recommendations are unchanged. This Second Interim Consultation Report addresses changes to the transaction documents that were presented to TfL on 22 March, 2002
Interim Consultation Response to London Transport
TFL's response to PPP documents provided between 11 February 2002 and 15 March 2002 . Due to the size of this report it has been separated into several pdf's to allow easier downloads
- Introduction and Executive Summary (PDF 467k)
- A recap on the structure of PPP (PDF 288k)
- Risk transfer in PPP (PDF 1.5M)
- What PPP delivers (PDF 683k)
- Value for money (PDF 2.1M)
- PPP: an inferior safety model (PDF 764k)
- PPP: privatisation of the Underground (PDF 322k)
- PPP in theory and PPP in practice (PDF 1.1M)
- Asset health and the absense of effective remedies (PDF 514k)
- The performance regime (PDF 1.2M)
- Variation and flexibility and retention of LUL decision making authority (PDF 335k)
- Termination in the public interest versus termination in the private interest (PDF 387k)
- Periodic review and extraordinary review (PDF 389k)
- The FAR's treatment of TFL's consultation responses and TFL's plan (PDF 303k)
- PPP, devolution and Transport for London (PDF 459k)
- Conclusion and recommendations (PDF 162k)
See also:
Excerpt from the Deloitte & Touche Review of Value for Money Analysis (PDF 968k)
Promised £4.5bn savings to taxpayer have vanished
TfL has anaylsed the Governments original financial analysis of the London Underground PPP and has found that £4.5bn of projected savings to the taxpayer, presented to parliament in 1999, cannot be justified.
Deloitte & Touche report
Message from Bob Kiley - July 2001
A safe and efficient Underground system is essential for London - and improvements to the current system are crucial if London is to retain its status as a world-class city...
LUL Standards overview - by Parsons Brinkerhoff LUL Standards - July 2001
Parsons Brinckerhoff Ltd (PB) was requested by Robert Kiley, Chairman of London Transport, to perform a due diligence of the LUL Engineering and Safety Standards Regime during June 2001 and to respond to the following question:
"Is the current LUL Standards Regime adequate to control the standards of workmanship and safety related activities of the Infracos under the anticipated PPP contracts?"
TfL's Proposed Management Plan for the London Underground. 26 April 2001
This paper outlines a management plan for the London Underground Ltd. ("LUL"). This plan expands upon previous proposals for the management of the Underground, as addressed in papers submitted by Transport for London ("TfL") to the Mayor, and in response to questions on the first of these papers, Submitted to DETR on 29 December, 2000.
Please note this does not include the attached appendices. For more information please contact our Press Office
Report to Ken Livingstone on the London Underground - 23 Febuary 2001 (PDF 44k)
For the past three years, the Government has been engaged in an effort to enter into a Public Private Partnership (PPP) on behalf of London Underground, after which ownership of London Underground would be transferred to Transport for London (TfL).
Under the Government's plan, control of the Underground, however, would remain in private hands. This is the first report on this process based upon access to virtually all relevant information.
Bob's report to Ken - 13 December 2000
Robert Kiley issued two reports providing London's Mayor, Ken Livingstone, with plans to improve London Underground. To view either report please click below.
Transport for London

