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 Sept 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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