House of Commons - Committee of Public Accounts: Progress in Delivering the Thameslink Programme - HC 296

House of Commons - Committee of Public Accounts: Progress in Delivering the Thameslink Programme - HC 296
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Publisher : The Stationery Office
Total Pages : 48
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ISBN-10 : 0215063287
ISBN-13 : 9780215063281
Rating : 4/5 (87 Downloads)

Book Synopsis House of Commons - Committee of Public Accounts: Progress in Delivering the Thameslink Programme - HC 296 by : Great Britain: Parliament: House of Commons: Committee of Public Accounts

Download or read book House of Commons - Committee of Public Accounts: Progress in Delivering the Thameslink Programme - HC 296 written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2013-10-29 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first proposals to modernize the Thameslink route and increase capacity were developed by a succession of rail industry sponsors but nothing much happened until the Department for Transport became sponsor in 2005. The Department has delivered the first phase of the infrastructure project under budget and on time. The other two aspects of the programme are going less well. The procurement of new trains through a £1.6 billion PFI deal has taken over three years longer than expected. And the timetable and approach for letting the new franchise have been revised. The planned completion date has been put back to 2018. But meeting the timetable for delivering the new trains will be very demanding and risky. The Committee is also sceptical about using PFI to fund this project. It is alarming that the Department compared the PFI option against only one other private sector option and did not construct a public sector comparator to understand better the relative costs, risks and rewards of choosing a PFI funding route over a public one. Another source of worry is the small size of the Department's core Thameslink team - just five people for a programme of this size and complexity. The impression that there is a scarcity of these skills is reinforced by the apparent need to move the key civil servant leading the Thameslink team, the man whose experience, skills and continuity have been crucial to the delivery of the programme, over to the High Speed 2 team


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