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PROJECT UPDATE
SEPTEMBER 2015
GEOFF LOADER, HEAD OF STAKEHOLDER ENGAGEMENT
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Background
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Progress over the last 12 months
• Development Consent Order granted (12 September 2014)
• Andy Mitchell appointed Chief Executive Officer (January 2014)
• Main Works preferred tenderers announced (February 2015)
• Licence award granted by Ofwat (August 2015)
• Investors appointed for Bazalgette Tunnel Limited (August 2015)
• Main Works Contractors appointed (August 2015)
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PLANNING AND CONSULTATION
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Consultation and Community Engagement
30Months
development
9,400Responses
during consultation
Over 200meetings attended
114 days of public
exhibitions held
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Route to Development Consent
• Over six years of project development, planningand extensive consultation
• Planning Act 2008
• Public consultation
• DCO application
- 50 separate documents
- 50,000 pages in total, including a 25,000 page Environmental Statement.
- Development Consent granted 12 September 2014
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Received Support for the project
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DELIVERING THE PROJECT
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Delivery model
• Thames Water worked with the Government and Ofwat to consider a range of models to ensure a value for money solution
• A new regulated Infrastructure Provider, Bazalgette Tunnel Limited (BTL), has been formed under the Flood and Water Management Act 2010
• Regulated by Ofwat
• Tendered through a competitive process and will build, manage and maintain the tunnel. Thames Water will operate it
• £1.1bn of investment is from Thames Water, £3.1bn is from BTL
• Licence awarded 24 August 2015.
• Flat bills for Thames Water customers
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Bazalgette Tunnel Limited
The new Infrastructure Provider is the first Wastewater only company in the UK. It is made up of the following shareholders:
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About Tideway
• Bazalgette Tunnel Limited- New, independent regulated water company- First one created in 20 years, 6th largest in the country- Only waste-water-only water company in the country- UK tax based company- Invested funds representing 1.7 million UK pensioners
- Ambition is long-term modest returns- Keen to see
•Highest standards of Health Safety and Wellbeing
•Delivered at demonstrable value for money
•Earning a positive reputation
•As soon as possible
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Main Works Contractors
West Central East System Integrator
All contracts awarded 24 August 2015
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Main Construction Works
WESTLondon Clay
CENTRALLondon Clay/Lambeth Group/Thanets
EASTChalk
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Timetable
2016
Main works preliminary constructionbegins
2017
Tunnelling begins
2021
Tunnelling ends
2022
System commissioning begins
2015
• BTL granted licence by Ofwat
• Main Works contracts awarded
2023
Project completion