Source · National Audit Office
London Underground PPP: Were they good deals?
Published: 17 Jun 2004
Type: Value for Money
The National Audit Office reported today that there was limited assurance that the price of the three Tube PPPs was reasonable, and some uncertainty about the eventual price although any price revisions have to meet tests of economy and efficiency. The complexity of the PPPs resulted from the scale of the deals, innovative output specifications […]