Environment, Transport and Regional Affairs - Seventh Report

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Here you can browse the report which was ordered by the House of Commons to be printed 8 July 1998.

TABLE OF CONTENTS

Terms of Reference

LIST OF WITNESSES

LIST OF APPENDICES TO THE MINUTES OF EVIDENCE

REPORT

Introduction

The importance of London Underground

The present structure of London Underground  

The investment backlog

The size and nature of the investment backlog

The prospect of the Underground becoming self-financing

Experience of the Private Finance Initiative

The Public-Private Partnership proposals

Background

Operations and infrastructure

Staff

The length and number of infrastructure contracts

The charging regime

Timing and implementation

The need for legislation and the relationship with the Greater London Authority

Additional Government grant

Reasons for choosing the Public-Private Partnership

The Government's view

The importance of public service

LUL's view of the proposals

Criticisms of the Public-Private Partnership

The difference in costs between the public and private sector options

Consultation with LT

The transfer of risk from the public to the private sector

The complexity of the PPP

The separation of operations and infrastructure

Alternative sources of funding

Income from property

Concerns about safety

The case for contractual and economic regulation

The case for additional mechanisms for raising money

Fares and service levels

Fares

Service levels

New lines and major station upgrades

Conclusions and recommendations

PROCEEDINGS OF THE TRANSPORT SUB-COMMITTEE RELATING TO THE REPORT

PROCEEDINGS OF THE COMMITTEE RELATING TO THE REPORT

EVIDENCE - Printed as Volume II

Wednesday, 29 April 1998
Wednesday, 6 May 1998
Wednesday, 13 May 1998

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Prepared 15 July 1998