Transport - Second Report

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Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 16 January 2008.

CONTENTS

Terms of Reference

REPORT

1  INTRODUCTION

Background

Metronet's failure

Transport for London's bid for Metronet

Longer-term delivery of the upgrades

2  METRONET'S TIED SUPPLY CHAIN

3  RISK TRANSFER

Risk borne by Infraco shareholders

Risk borne by Infraco lenders

The Materiality Threshold

Inefficient costs and the principle of the PPP

Value for money

4  THE POWERS OF THE ARBITER

Reporting on the performance of the Infracos

The performance of London Underground

The Extraordinary Review

5  COSTS TO THE PUBLIC

6  SAFETY

Employee safety

Passenger safety

7  CONCLUSION

CONCLUSIONS AND RECOMMENDATIONS

FORMAL MINUTES

WITNESSES

LIST OF WRITTEN EVIDENCE

LIST OF REPORTS FROM THE COMMITTEE DURING THE CURRENT PARLIAMENT




MINUTES OF EVIDENCE

Wednesday 17 October 2007
Wednesday 7 November 2007

WRITTEN EVIDENCE

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Prepared 25 January 2008