Tender launched for Silvertown Tunnel PPP

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Tender launched for Silvertown Tunnel PPP

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

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:

  • cut down on queuing at the Blackwall Tunnel
  • include user charging at the Blackwall and Silvertown Tunnels to manage demand and provide a source of revenue to help build the new tunnel
  • provide an opportunity to create new cross-river bus links in east London
  • improve road connections to and from Docklands and east London from South London

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.

For more information about this business opportunity, visit our website.

See how the new tunnel would link to the existing road network:

List of country news

Country news

  • October 10, 2016

    Financial close for Edinburgh waste-to-energy plant

    UK Green Investment Bank plc (GIB) has committed £28 million (US$34 million) of debt finance to a new £142 million (US$176 million) energy-from-waste (EfW) plant at Millerhill in Midlothian, near Edinburgh, Scotland. GIB joins a lending club that includes Investec, Siemens Bank and Credit Agricole. Read more
  • October 06, 2016

    Arcus fund announces sale of Shere Group Limited to Cellnex Telecom S.A.

    Arcus Infrastructure Partners has announced that its Arcus European Infrastructure Fund 1 (AEIF1) has entered into a binding agreement for the sale of its 97.8% interest in Shere Group Limited to Cellnex Telecom S.A., which is also acquiring the 2.2% minority interest. The transaction is expected to close in the next few weeks. Read more
  • October 06, 2016

    NHS agrees innovative deal for South Trafford Health & Wellbeing Centre

    The NHS hosted an event to find out more about its plans for new health and wellbeing centre on the site of the former Altrincham General Hospital in UK. Read more
  • October 05, 2016

    Union Investment infrastructure fund reaches target size of EUR 320 million

    Union Investment has now fully reached the investment target for its infrastructure fund UniInstitutional Infrastruktur SICAV-SIF, launched in 2012. Read more
  • October 05, 2016

    Royal Free London NHS Foundation Trust seeks partner for medical waste project

    The Royal Free London NHS Foundation Trust has announced it is seeking to appoint a partner to provide and deliver a strategic solution for the Sterile Services and Endoscopy Decontamination Facilities for the Trust. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.