Cost Of Public Private Partnership For The London Underground (EDM386)

Cost Of Public Private Partnership For The London Underground

EDM number 386 in 2000-01, proposed by Tom Brake on 28/02/2001.

That this House notes with concern reports that the Government could be sued for up to Ãº130 million by the consortia bidding for PPP contracts if it changes or abandons the proposed Public Private Partnership for the London Underground; but notes with greater concern that the PPP itself could cost more than an extra Ãº2 billion to the public purse because of the higher cost of borrowing from private companies; condemns the Government for backing PPP before the details and potential flaws have been dealt with; and calls on the Government to accept the smaller, short-term political price admitting their mistake, instead of the more serious long-term financial consequences of pushing ahead with PPP to back Liberal Democrat proposals for a bond issue and abandon their flawed PPP plans.

This motion has been signed by a total of 18 MPs.

MP	Date	Constituency	Party	Type
Tom Brake	28/02/2001	Carshalton & Wallington	Liberal Democrat	Proposed
Edward Davey	28/02/2001	Kingston & Surbiton	Liberal Democrat	Signed
Don Foster	28/02/2001	Bath	Liberal Democrat	Signed
Vincent Cable	01/03/2001	Twickenham	Liberal Democrat	Signed
Andrew Stunell	01/03/2001	Hazel Grove	Liberal Democrat	Signed
Paul Tyler	01/03/2001	North Cornwall	Liberal Democrat	Signed
Andrew George	05/03/2001	St Ives	Liberal Democrat	Signed
Jenny Tonge	05/03/2001	Richmond Park	Liberal Democrat	Signed
Ronnie Fearn	06/03/2001	Southport	Liberal Democrat	Signed
Paul Keetch	07/03/2001	Hereford	Liberal Democrat	Signed
Mike Hancock	07/03/2001	Portsmouth South	Liberal Democrat	Signed
Donald Gorrie	13/03/2001	Edinburgh West	Liberal Democrat	Signed
Simon Hughes	14/03/2001	North Southwark & Bermondsey	Liberal Democrat	Signed
Paul Burstow	14/03/2001	Sutton & Cheam	Liberal Democrat	Signed
Nick Harvey	15/03/2001	North Devon	Liberal Democrat	Signed
Peter Brand	15/03/2001	Isle of Wight	Liberal Democrat	Signed
David Chidgey	15/03/2001	Eastleigh	Liberal Democrat	Signed
Sandra Gidley	20/03/2001	Romsey	Liberal Democrat	Signed

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