LUL has a number of PFI contracts and has retained financial and delivery interface risks as between the PPPs and PFIs.
Parties setting up PPPs should take existing arrangements with third parties into account to make deals as effective as possible, with incentives to ensure smooth interfaces with existing contracts. Where this has not occurred, or is not practicable, the parties should identify the scope for remedial action as soon as possible. In this PPP, LUL and the Infracos must work together to ensure interfaces are managed successfully (Report reference: B2; C2) |