New Bus For London

Meeting: 
MQT on 2009-11-18
Session date: 
November 18, 2009
Reference: 
2009/3427
Question By: 
Jennette Arnold OBE
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

In the Finance and Policy Committee Projects Approval report of the 9th of October, the New Bus for London Project is listed under the header 'Projects to be approved by the Finance and Policy Committee greater than £50m'. Is this an indication of the actual cost for this project?

Answer

Answer for New Bus For London

Answer for New Bus For London

Answered By: 
The Mayor

No. As referred to in my answer to question 3215/2009 and detailed in the Finance and Policy Committee papers from which you quote, the design and development cost of the project is currently estimated at £3.3m. The current procurement strategy envisages that the new buses will be acquired, operated and maintained by bus operating companies.