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Transport for London (TfL) has launched a tender process to seek a private developer for Silvertown tunnel road PPP project.
TfL is looking to enter a competitive procurement process with a view to awarding a long-term availability contract for the design, construct, finance and maintenance of a new river crossing between Silvertown and Greenwich Peninsula in east London. The river crossing, to be called Silvertown Tunnel, will comprise a twin bore road tunnel alongside Blackwall Tunnel with connections to the A1020 Silvertown Way/Lower Lea Crossing at the north and to the A102 Blackwall Tunnel approach at the south.
It is expected that the new infrastructure would, among others:
The project is currently envisaged to be at maximum total of 29.5 years (354 months) of which the initial period (up to a maximum) of four and a half years is assumed for the construction period and 25 years for the operational period. The total project investment is estimated at £750 million (US$1.082 billion).
The deadline for submitting proposals is November 30.
The Silvertown Tunnel project is part of the east London River Crossings Programme. The programme is overseen by a Sponsor Group, chaired by the Managing Director of TfL Planning and attended by senior managers from TfL Strategy and Planning, Surface Transport and Corporate Finance.
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See how the new tunnel would link to the existing road network: