Speeches

Sadiq Khan – 2016 Parliamentary Question to the Department for Environment, Food and Rural Affairs

The below Parliamentary question was asked by Sadiq Khan on 2016-01-18.

To ask the Secretary of State for Environment, Food and Rural Affairs, how much has been budgeted for compensation payments to residential and business properties affected by the construction of the Thames Tideway Tunnel.

Rory Stewart

Compensation payments for owners of residential or business properties which are acquired pursuant to the development consent order for the Thames Tideway Tunnel (TTT) are a matter for either Thames Water Utilities Limited or Bazalgette Tunnel Limited (trading as Tideway and being the licensed infrastructure provider that will finance, own, build and operate the tunnel). Provision for such compensation payments is included in the overall budget for the construction of the TTT. In the case of Thames Water Utilities Limited, these costs are included within their price control for the period 2015-2020 as determined by Ofwat. In the case of Bazalgette Tunnel Limited, the cost is within the overall budget included within the project licence granted to Tideway by Ofwat. The amount set aside for these compensation payments are commercially sensitive so cannot be disclosed.