London’s Tube upgrade work should cost £4.46bn over the next seven years of the contract, PPP Arbiter Chris Bolt has announced.
In his final recommendations, Bolt has increased the amount by just £65m from his draft opinion in December last year – far below the £5.8bn that contractor Tube Lines had said was needed.
PFI still produces too many poor buildings. We need a smarter approach to design, says Ewan Willars, head of policy, Royal Institute of British Architects
The candidates should be highly experienced financial modellers, who have excellent experience of major infrastructure and accommodation projects. Suitable candidates should also have experience of liaising with clients’ senior management teams and managing bids from a financial advisory perspective.
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