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Crossrail (1) (Supplementary) [8]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
You said that the total cost is £16 billion, of which you are getting £5 billion up-front from the Government. How much are you planning to borrow?

Crossrail (1) (Supplementary) [7]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
Would you say that those three schemes you have mentioned have been delayed as a result of this?

Crossrail (1) (Supplementary) [6]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
What about the station modernisation and refurbishment programme? That has already been delayed by the Metronet episode. Is that going to be put back further as a result of focusing on Crossrail?

Crossrail (1) (Supplementary) [5]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
You are telling us that none of the other projects will be lost because you have agreement to do Crossrail?

Crossrail (1) (Supplementary) [4]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
That sounds like you are not planning to borrow anything, but you have told us that you are. How much are you working on when you put the figures together? How much are you planning to borrow?

Crossrail (1) (Supplementary) [3]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
So it is open-ended commitment?

Crossrail (1) (Supplementary) [2]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
What about the station modernisation and refurbishment programme? That has already been delayed by the Metronet episode. Is that going to be put back further as a result of focusing on Crossrail?

Crossrail (1) (Supplementary) [1]

  • Question by: Roger Evans
  • Meeting date: 17 October 2007
It was suggested by city experts yesterday that you might be able to get a fixed rate deal over 30 years so you know exactly what interest rate you are working with, rather than there being this uncertainty that seemed to be around yesterday afternoon. Is that something you have considered?

Balfour Beatty (Supplementary) [3]

  • Question by: Peter Hulme Cross
  • Meeting date: 17 October 2007
Mr Mayor, are you satisfied and happy that this design is buildable? Zaha Hadid has produced these wonderful looking things but she has only had one building actually built and that was in the States. I am concerned that it might look wonderful on paper but is it practical to build it?

Balfour Beatty (Supplementary) [2]

  • Question by: Bob Neill
  • Meeting date: 17 October 2007
I am interested in that but my concern is this: I very much agreed with your comments earlier on about the deficient culture in London Underground which arose from a lack of competition and your point about wanting to create contracts in that context that the big civil engineering firms will want to bid for. I think you are right. We are in a situation with the Aquatics Centre, which is after all the first major bit to get to an advanced design stage, where there is no competition because, by the look of it, the big civil engineering firms...
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