The Liaison Committee will monitor the progress of the project. It will be composed of government representatives (Defra), Thames Water Utilities Limited and Bazalgette Tunnel Limited. The water management regulatory authority, Ofwat, and the Environment Agency may participate as observers. An independent technical consultant reports on the technical aspects of the design. In addition, Foreign Minister Thames Water Utilities Limited and Bazalgette Tunnel Limited signed an agreement establishing a liaison committee to monitor the progress of the project. To help the private sector finance this project at a reasonable price for customers, the Secretary of State for Environment, Food and Rural Affairs has signed a series of contracts with Bazalgette Tunnel Limited. These require the Minister of Foreign Affairs to provide, in certain circumstances, conditional financial assistance during the construction of the project. The State aid package consists of six basic contractual documents to support the tunnel project in the event of exceptional, highly unlikely risks that the private sector could not cover at an acceptable cost or not at all. The six documents of the basic contract are:.
This file may not be suitable for users of ancillary technologies. Documents relating to the project licence granted by Ofwat for the design, construction, financing, operation and maintenance of the Thames Tideway Tunnel. . So many long, detailed and technical legal contractual documents….