Results tagged “Northern line”

Tube Lines is set to receive £4.46billion for its next tranche of work on the Underground network under its controversial Public Private Partnership contract.

The consortium, based in Westferry Circus, learned the figure today when PPP arbiter Chris Bolt announced his decision.

The over-run of the Jubilee line upgrade is likely to cost Tube Lines around £50million.

That's how much the Canary Wharf-based engineering consortium will lose for its failure to complete the installation of new signalling on the line by the end of last year, according to chief executive Dean Finch.