Ttt Liaison Agreement

In addition, the Secretary of State, Thames Water Utilities Limited and Bazalgette Tunnel Limited have signed an agreement to establish a liaison committee to oversee the progress of the project. The liaison committee will provide an update on the progress of the project. It will be made up of representatives from the Government (Defra), Thames Water Utilities Limited and Bazalgette Tunnel Limited. The water management regulator, Ofwat, and the Environment Authority can participate as observers. An independent technical advisor will report on the technical aspects of construction. The State aid package includes six basic contractual documents to support the tunnel project, in case exceptional and highly unlikely risks arise, which the private sector cannot cover at acceptable or at all costs. The six basic documents are documents relating to the project licence granted by Ofwat for the design, construction, financing, operation and reception of the Thames Tideway Tunnel . . . . All these documents are long, detailed and technical.

This file may not be suitable for auxiliary technology users. . To help the private sector finance this project at a reasonable price for customers, the Secretary of State for Environment, Food and Rural Affairs has signed a series of contracts with Bazalgette Tunnel Limited. These require the Secretary of State to provide conditional financial assistance in certain circumstances while the project is under construction.