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Unread 10-07-2006, 11:40   #5
Mark
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Join Date: Dec 2005
Location: Northern line
Posts: 1,311
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Demolition, lands acquisition, expense expense expense. Remember the RPA wont be buying O'Connell Street. The whole theory behind building underneath public property is to avoid land acquisition.

The deal is over 25 years. Not entirely sure about the payments, has to be decided upon. The government is just avoiding the initial capital outlay but will pay a lot more for it over the 25 years. A pity really, the RPA reckoned they, given the funds, could do it and wanted to. Would have worked out cheaper than PPP. The one advantage, if you could call it that, the Interconnector has over the metro is that its not PPP.

Essentially, the RPA collect the fare box and pay the operator and the DBFM parties separately.
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