Tube Lines
| Tube Lines Ltd
|
|
|---|---|
 |
|
| legal form | Limited (limited liability company) |
| founding | 2002 |
| Seat | London |
| management | Jon Lamonte (Chief Executive) |
| Number of employees | approx. 2300 |
| Branch | transport |
| Website | www.tubelines.com |
Tube Lines Ltd , based in London, is a subsidiary of Transport for London (TfL), which is responsible for the maintenance, replacement and renewal of the technical infrastructure on three lines of the London Underground . This includes rails, trains, signals, supply lines and stations.
background
Since January 2003, London Underground was partially privatized in the form of a Public Private Partnership (PPP). The maintenance of the infrastructure was to be carried out by private companies, while the network and material remained in the possession of and operated by Transport for London . As part of a tender, Tube Lines, a subsidiary of Amey ( Ferrovial ), Bechtel and Jarvis (which left in 2005), received a contract for a period of 30 years for the maintenance of the Jubilee Line , Northern Line and Piccadilly Line . The other lines were given to Metronet .
After Metronet became insolvent in 2007 and Tube Lines also saw strong cost increases, it was decided to discontinue the PPP model. In 2010, Transport for London therefore took over the shares from Bechtel and Amey, and TfL is once again responsible for all maintenance.
Web links
- The company's website (English)
Individual evidence
- ↑ Company website (accessed January 5, 2014)
- ↑ Tube maintenance back 'in house' as new deal is signed. BBC , May 8, 2010, accessed on November 19, 2013 (English): “The end of the controversial Public Private Partnership on the Tube network has been signaled with a deal to bring all maintenance work back in-house. Transport for London said it had agreed to buy the shares of Bechtel and Amey (Ferrovial) from Tube Lines for £ 310m. "