Source · National Audit Office

Department of the Environment, Transport and the Regions: The Channel Tunnel Rail Link

Published: 28 Mar 2001 Type: Value for Money

Sir John Bourn, Head of the National Audit Office, told Parliament today that although the Private Finance Initiative deal for the construction of the Channel Tunnel Rail Link was in many respects unique, the lessons to be learned from the project’s near collapse are not. The report makes three key points. In negotiating with the […]

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