The Tyne and Wear Passenger Transport Executive is inviting
expressions of interest in an £80 million extension to the
existing Tyne and Wear metro system which will be undertaken as a
PFI venture.
The project will be similar to the Lewisham Extension to the
Docklands Light Railway in London in that the private sector will
design, build, finance and maintain the line, but the existing
operator, Nexus, will continue to operate the rolling stock.
Some Government funding will still be needed to make the project
financially viable, but like the Croydon Tramlink project in south
London, a key part of the negotiating process will be over just how
much public funding will be needed.
The winning private sector consortium will make its money through
availability usage charges to the train operator Nexus over the
life of the concession. The exact length of the concession is
negotiable, but is likely to be somewhere between 20 and 30
years.
A shortlist should be established and invitations to tender issued
in the new year with the concession awarded by the end of 1999.
Construction will take about two years and the extension should be
in operation by the end of 2001.
The extension will run from Pelaw in Gateshead through South
Tyneside to Sunderland city centre and beyond to South Hylton in
Sunderland. Work will involve the design, upgrade, equipping and
maintenance of about 14km of the existing Railtrack network between
Pelaw and Sunderland. The new build element comprises some 4.5km of
new track between Sunderland and South Hylton.
Other works include the electrification at 1,500v DC of both the
existing railway and the new metro, along with the upgrade or new
installation of signalling and other systems. The line will have 12
stations which need to be either new build or improved. The winning
concessionaire will have to work with Railtrack over the shared
access to Railtrack's existing line.