London Underground Public-Private Partnership - Essay Example

This study deals with Private-Public Partnership (PPP) agreement between london underground and Mertronet.... This paper begins with the background of london underground and Metronet.... It also contains literature survey of the problems of london underground and Metronet also the National Audit Office Report is presented.... This study deals with Private-Public Partnership (PPP) agreement between london underground and Mertronet....

As a public-private partnership, it provides finances for public services and also delivers the same.... PFI is an improved form of public procurement system because of its unique framework as a public-private partnership.... This essay "Private Finance Initiative" would analyze PFI for managerial effectiveness, operational efficiency, and cost-effectiveness for public service delivery and assess its viability for the best value for money, because it has come under a lot of controversy for excessive payments, bribery....

The paper "The World's Oldest Subsurface Transport System in London" tells that the london underground was conceived about 140 years ago, making it the world's oldest subsurface transport system.... ackground Based on historical analysis of the london underground, major development inhibitors have been present, particularly under-investment.... uality of transportation and proper care of passengers are, clearly, features that london underground's staff members hold with the utmost regard....

One of the inconsistencies of present day's economy has been viewed to be continuity along with progression of public private partnership (PPP).... The government of the UK believes PPP as a variety of business structures and partnership arrangements.... In growing competitive economic atmosphere, governments throughout the globe are concentrating more upon introducing as well as developing new methods of building dynamic infrastructures and providing quality services to the citizens....

In a way, the London Underground PPP is a classic case of a public-private partnership that realized a number of successes and was also plagued with many challenges.... london underground One example of PPP is the london underground which is a metro transportation system serving a larger portion of the greater London.... nder the PPP, there were three infrastructure companies that were responsible for the renewal and maintenance of the london underground....

As the East London, the place that hosts the Olympic Games has a well developed Light Railway System, the underground railway system should be well-coordinated with that of light rails on streets.... By developing coordination between underground railways and light railway system the railway system in the London city can be well integrated with road transportation system also.... The upgrades to the tracks of the light railway and underground railway, signals, stations and other infrastructure can be given on contract to private companies on an accurate timeline for completion....

The first project in enhancing the capacity of the transport system in london is the Channel Tunnel Rail Link as this enables the international services between london, Paris, and Brussels and increases the local transport by 25,000 commuters per hour.... ( NASA, 2006)This transport modernization report concentrates on the increase in infrastructure and control issues to reduce the jams and blockades on london roads in the context of special and important events like the Olympic Games....

It was turned into a public-private partnership (PPP) in 2003 under the labor government after efforts by the conservative government to privatize it was defeated.... This paper presents a critical evaluation of the management issues in london underground Limited that is a public railway transport organization.... ondon underground Limited offers transport services within London as well as some parts of the neighboring towns of Essex, Buckingham, and Hertford....