TfL Ref: FOI-2619-2122
Thank you for your letter received by Transport for London on 11th February 2022 asking various questions about our services.
Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm that we hold some of the information you require. Your questions are answered in turn below:
Question 1: Please send me a copy of audited accounts for year 2021/22 for London Buses, London Dial A Ride and London Underground;
Answer: Accounts for the year 2021/22 will not be produced until after the financial year has ended on 31st March 2022. The production of the accounts and auditing process will take several months, and so final, audited versions are unlikely to be available until summer 2022.
Question 2: Let me know when Crossrail Project will be complete and total cost of project and how many firms are doing jobs for Crossrail so send me names of all firms and how much money they will be paid for their jobs.
Question 3: How much will it cost for new train for Piccadilly line and name of supplier for new trains and how many firms made a bid for new trains and how much were their bids for new trains for the Piccadilly line and when is the delivery date for new trains and will London Underground buy new trains for other locations to replace old trains on other lines. If so let me know of this please and cost of new trains and which firms will supply them.
Answer: Siemens Mobility Limited have the contract for the provision of new Trains for the Piccadilly line. This contract is for outright purchase of the Trains and the price is £1.44 Billion, for 94 trains. Three companies submitted bids for the new fleets - the value of each bid is exempt from disclosure under section 43 of the Freedom of Information Act on the basis of commercial sensitivity. Section 43 is a ‘qualified’ exemption, meaning we have to weigh up whether the greater balance of public interest lies in releasing the information in response to your request or in applying the exemption and withholding it. We appreciate the need for openness and transparency in the operation of our business and the fact you have asked for the information is in itself an argument in favour of release. However, in this instance we believe the balance of interest favours the application of the exemption as its release would potentially prejudice those companies in bidding for similar, future contracts, to the detriment of the market and our ability to secure best value for money.
The new trains will arrive from 2025. The contract with Siemens has an option for trains for the Bakerloo, Central and Waterloo & City lines. TfL has not yet made a decision as to whether or not to take up one or more of the options.
If this is not the information you are looking for please do not hesitate to contact me.
Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.
FOI Case Officer
FOI Case Management Team
Transport for London