Background informationProject Created: August 6, 2009
Deep Tube Lines-Bakerloo, Central, Victoria
Year in Operation:
Substantial Alteration of Existing Facility
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:
Presents as a DBOM
United Kingdom of Great Britain & Northern Ireland
Souces of Project Support (Non-monetary)
Access to Land: The land is owned by the Crown government and London Underground Unlimited as part of the Department for Transport (DfT).
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)
From Public (Government) Sources to Producers: The project is financed by the Crown government.
Project Delivery & Finance Method
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
Qualifications Based Selection
Request for Qualifications
Request for Proposals
Invitation for Bids
Term for Key Components & Forms of Contract
Combined Term: Initial Design, Construction, O&M Period