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
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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. / Menteth, Walter.
In: Project Compass, 13.09.2016.Research output: Contribution to specialist publication › Article
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TY - GEN
T1 - Flying by the seat of their pants
T2 - there have been significant recent revelations about the Thames Garden Bridge in London and the Garden Bridge Trusts structure and funding
AU - Menteth, Walter
PY - 2016/9/13
Y1 - 2016/9/13
N2 - 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.
AB - 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.
KW - Garden Bridge
KW - procurement
KW - construction
KW - competition
KW - TfL
KW - Greater London Authority
KW - Mayor of London
UR - https://www.linkedin.com/pulse/flying-seat-pants-walter-menteth/
M3 - Article
JO - Project Compass
JF - Project Compass
PB - Project Compass CIC
ER -
ID: 7890193