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Silvertown Tunnel: Transport for London settles with the losing bidder by paying £10M
Transport for London (TfL) has reached an out-of-court settlement with the Silver Thames Connect (STC) group, following a legal complaint over the procurement process for the construction of the Silvertown Tunnel.
According to The Telegraph, the financial settlement has cost TfL for more than £10M. TfL did not disclose the amount.
The Telegraph was the first to report it on 28 May.
cover tunnel photo by: Matt Brown from London, England / CC BY
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https://www.newcivilengineer.com/latest/silvertown-tunnel-tfl-pays-losing-bidder-10m-in-procurement-row-01-06-2021/
Silvertown Tunnel | TfL pays losing bidder £10M in procurement row | New Civil Engineer
www.newcivilengineer.comTfL has confirmed that a deal has been reached however the transport operator would not confirm the amount. According to The Telegraph, TfL has agreed to