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PPP Arbiter slams Metronet

In his first ever report into the performance of Tube infraco Metronet, the PPP arbiter Chris Bolt today slammed the performance of the company.
'My conclusion is that neither of the two Metronet infracos has performed in line with the required standard over the period (April 2003 to March 2006) as a whole.' The arbiter criticised Metronet for being behind schedule on station upgrades, poor delivery of track maintenance and renewal, inadequate challenge of cost changes and limited risk management.'Problems with the delivery and costs for both the stations and the track contracts were apparent to Metronet from early in the contracts. Given the central role of stations in the Infraco's obligations in the first review period, the regulator is concerned by Metronet's slowness to respond,' says the reportIn the report Metronet passes some blame on to London Underground. 'Metronet attributes this (poor delivery) to the behavious of a client that is often unable to reach a single conclusion and instead provides different answers to the same question,'it says

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