Department For Transport And London Underground Ppp

EDM number 1381 in 2003-04, proposed by Harry Cohen on 22/06/2004.

That this House notes the disclosure in the National Audit Office's recently published report on the London Underground PPP that the Department for Transport in 1998 set a budget for reorganising London Underground and procuring the PPP at ú70 million but that the actual cost just a couple of years later was ú180 million - ú170 million at 1999 values; and considers that the Department's financial chiefs were grossly incompetent in setting its budget figure.

This motion has been signed by a total of 29 MPs.