Flying by the seat of their pants: there have been significant recent revelations about the Thames Garden Bridge in London and the Garden Bridge Trusts structure and funding

Walter Menteth

Research output: Contribution to specialist publicationArticle

Abstract

These reveal the Trusts near exclusive reliance on public funding, which reputedly amounts to £30m from Transport for London, £30m from central government, along with the costs and liabilities of indemnifying the project along with the contracts the Trust has entered into.
There have also been revelations about the number of significant and expensive contracts the Trust have now let on their own account, at exceptionally high risk. These have onerous obligations and damaging break clauses.
Original languageEnglish
Specialist publicationProject Compass
PublisherProject Compass CIC
Publication statusPublished - 13 Sep 2016

Keywords

  • Garden Bridge
  • procurement
  • construction
  • competition
  • TfL
  • Greater London Authority
  • Mayor of London

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  • Thames Garden Bridge project

    Walter Menteth

    6/03/1518/08/16

    10 items of Media coverage, 7 Media contributions

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