Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: August 6, 2009

Project Name: Deep Tube Lines-Bakerloo, Central, Victoria
Year in Operation: 2003
Sector: Transportation
Subsector: Rail
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: The project consists of the upgrading and maintenance of tracks, stations, and trains of the BVC line grouping. The London Underground will remain responsible for running the trains and for the safety of the system itself.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: Presents as a DBOM

Project Locations

City: London
Country: United Kingdom of Great Britain & Northern Ireland

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the Crown government and London Underground Unlimited as part of the Department for Transport (DfT).
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The private sector entity will operate and maintain the system for a concession period of 30 years, after which the Government will reacquire the tube service without investment backlog.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Based Selection
Request for
Request for
for Bids

Term for Key Components & Forms of Contract

Project Component
Combined Term: Initial Design, Construction, O&M Period

Project Value (If and As Known)

Date of Estimated Project Value: April 4, 2003
Project Value
Hard Cost
Hard & Soft Costs
> $5 Billion US


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