London Underground today published its third annual PPP report, reporting performance of LU and the PPP Infracos, Metronet and Tube Lines, for the year to March 31, 2006.
According to the report the companies (infracos), particularly Tube Lines, “have demonstrated the ability to deliver, on time and on budget”.
However the report highlights a number of what it says are failures by Metronet and Tube Lines “to meet the challenges laid down to them last year”. Failures cited in the report include:
- Metronet have failed to deliver on their renewal programme, particularly stations, and to maintain the District line track to LU standards
- Tube Lines have failed to improve the performance of the Northern line to the standards demanded by LU and the PPP contract
LU Managing Director, Tim O’Toole said:”Over the last year under PPP, London Underground has made progress, but not without some problems. London Underground and Tube Lines have demonstrated the ability to deliver major renewal projects, on time and budget.
“Nonetheless, Metronet and Tube Lines continue to disappoint in many respects and failed to meet the two key challenges I laid down in last year’s report. All parties involved in the renewal of the Tube must commit to delivering improvement at a faster rate than we have seen so far.
“Tube Lines have failed to maintain the Northern line to the standards we and the PPP contracts demand. Metronet and its shareholders must get a grip on its renewal projects, which have been consistently late.
The full report is available from the TfL website.