Project Details

✔ Project has been published!

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: Docklands Light Railway Extension to Woolwich
Year in Operation: 2009
Sector: Transportation
Subsector: Transit, Rail
Status: In Operation
Type: New Facility
Description: The project consists of a 2.5 km section of the London City Airport route that will be extended to the Woolwich Aresenal. The project will help to regenerate the town center of Woolwich.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI

Project Locations

Address:
City: London
State:
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 the Docklands Light Railway, part of the local government authority and 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 facility for a concession period after which DLR will reacquire the system. Throughout the concession period, DLR will hold responsibility for train operates and usage risks.

Souces of Project Support (Monetary)

Checkbox Checked

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

Checkbox Checked

From Producers as Equity: The private sector entity will raise $402.6 million in equity to initially finance the project, funds that will be repaid by the Crown.

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
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
30
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: May 31, 2005
Project Value
Hard Cost
Hard & Soft Costs
Construction
$250 Million - 1 Billion US
(none)
Total
$200-500 Million US
(none)

Warning!!!

You are about to delete: .

Confirm Deletion Cancel