From New Civil Engineer:
Tube upgrade contractor Tube Lines will pay London Underground £10M per month beyond December 31 for overruns to the resignalling of the Jubilee Line confirmed Tube Lines chairman David Begg today. Current estimates put the completion date for the re signalling back to March, although no official date has been set, suggesting the final bill for Tube Lines could be £30M-£40M.
At a Labour conference fringe today, Peter Hendy was fairly forgiving of the troubled PPP company, Kulveer Ranger less so. Labour's Valerie Shawcross was there too. Full report here.
