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| London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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#11
July 16th 07, 01:28 PM
posted to uk.transport.london
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Metronet gone bust!!!
On Jul 16, 1:00 pm, "Recliner" wrote:
"Kev" wrote in message ps.com On Jul 16, 10:13 am, umpston wrote: Inevitably there will have to be a short term funding agreement between LUL and the Metronet receiver to enable current works to continue. And if they don't want key staff to leave LUL will have to offer some guarantee of continuity. Ken would then have to put his money where he mouth was and TfL would have to deliver what Metronet failed to do, with the same staff of course. Not really. Metronet subcontracted projects to its own shareholders, unlike Tube Lines. Whoever takes over is more likely to run the projects the way Tube Lines does, selecting whichever potential subcontractor is most capable. All that is obvious - what I was asking is, once short term continuity is sorted out, will TfL have any long-term choice in the way the PPP project is managed from now on? Or are they required by the PPP rules to re-tender a very similar kind of contract? But last time it took about 2 years (or was it longer?) just to negotiate these contracts. Since the Government provides the bulk of the funding I suspect the Treasury (perhaps hiding behind the DfT) will still have some influence over this decision. |
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#12
July 16th 07, 03:49 PM
posted to uk.transport.london
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Metronet gone bust!!!
On Jul 16, 1:00 pm, "Recliner" wrote:
"Kev" wrote in message ps.com On Jul 16, 10:13 am, umpston wrote: Inevitably there will have to be a short term funding agreement between LUL and the Metronet receiver to enable current works to continue. And if they don't want key staff to leave LUL will have to offer some guarantee of continuity. Ken would then have to put his money where he mouth was and TfL would have to deliver what Metronet failed to do, with the same staff of course. Not really. Metronet subcontracted projects to its own shareholders, unlike Tube Lines. Whoever takes over is more likely to run the projects the way Tube Lines does, selecting whichever potential subcontractor is most capable. How is the Jubilee and Northern Line resignalling going then? Kevin |
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#13
July 17th 07, 10:40 PM
posted to uk.transport.london
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Metronet gone bust!!!
"GigaNews" ??? wrote in message ... just seen this breaking news http://news.bbc.co.uk/1/hi/business/6900360.stm Tomorrow's Times (18th - online now) says Metronet will definitely go into administration tomorrow... Paul |
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#14
July 17th 07, 10:51 PM
posted to uk.transport.london
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Metronet gone bust!!!
"Paul Scott" wrote in message ... "GigaNews" ??? wrote in message ... just seen this breaking news http://news.bbc.co.uk/1/hi/business/6900360.stm Tomorrow's Times (18th - online now) says Metronet will definitely go into administration tomorrow... Paul Tonight's BBC News at 10pm reported that LU had received notice in a letter from Metronet this evening |
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#15
July 18th 07, 07:35 AM
posted to uk.transport.london
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Metronet gone bust!!!
On Jul 16, 9:12 am, "GigaNews" ??? wrote:
just seen this breaking news http://news.bbc.co.uk/1/hi/business/6900360.stm It has now - see http://news.bbc.co.uk/1/hi/business/6903977.stm |
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#16
July 18th 07, 08:51 AM
posted to uk.transport.london
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Metronet gone bust!!!
On 16 Jul, 16:49, Kev wrote:
Not really. Metronet subcontracted projects to its own shareholders, unlike Tube Lines. Whoever takes over is more likely to run the projects the way Tube Lines does, selecting whichever potential subcontractor is most capable. How is the Jubilee and Northern Line resignalling going then? More or less on schedule, isn't it? -- John Band john at johnband dot org www.johnband.org |
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#17
July 18th 07, 08:11 PM
posted to uk.transport.london
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Metronet gone bust!!!
"John B" wrote in message oups.com... On 16 Jul, 16:49, Kev wrote: Not really. Metronet subcontracted projects to its own shareholders, unlike Tube Lines. Whoever takes over is more likely to run the projects the way Tube Lines does, selecting whichever potential subcontractor is most capable. How is the Jubilee and Northern Line resignalling going then? More or less on schedule, isn't it? -- John Band john at johnband dot org www.johnband.org You think so. Time will tell then. Kevin |
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