Silvertown Tunnel Project Agreement

A team led by Bam finally signed a $1 billion contract with Transport for London to start work on the Silvertown Tunnel project, six months after being selected for the position. The new 1.4 km long twin-drilling tunnel will be built to relieve congestion in east London and improve the reliability of the existing Blackwall tunnel by providing an alternative river crossing route between the Royal Docks and the Greenwich Peninsula. The signing of the contract follows the selection of the RiverLinx consortium as the preferred bidder in May 2019 for the design, construction, financing, operation and maintenance of the Silvertown Tunnel. To reduce congestion, the tunnel south of the Thames, with access to the existing Blackwall Tunnel and north of the Thames, will connect the Basabout De Tidal to Silvertown. The construction team of the BAM Nuttall consortium, which includes sister company Wayss – Freytag Ingenieurbau, Ferrovial Agroman and SK E-C, will now advance the selection of local suppliers and suppliers for the Silvertown Tunnel, a dual-drilling road tunnel under the Thames, in east London. 1) Tunnel (with tunnels drilled and cut) The tunnel will pass under the Thames between Silvertown and North Greenwichs in London and, on the north side, with the A102 Blackwall Approach tunnel on the south side of Silvertown Way/Lower Lea Crossing on the north side. Construction of the project is scheduled for 2020. The Silvertown Tunnel must prepare for the future growth of London`s population and relieve congestion and poor air quality around the 122-year-old Blackwall Tunnel. The project, scheduled to open in 2025, is expected to be the first of its kind in the country to have dedicated bus lanes.

During peak periods, passengers can cross the river with one of about 37 buses per hour. RiverLinx will also begin the process of securing local stakeholders, government and environmental approval for the project. Transport for London (TfL) has signed a contract with the RiverLinx consortium to build the $1 billion ($1.28 billion) Silvertown road tunnel project. TfL revealed that the Riverlinx consortium, which includes Ferrovial road specialist Cintra, Bam PPP and Australian bank Macquarie Capital, was selected in May for the East London project. Silvertown will be the first major road tunnel in the UK to have its own bus lane in each direction. Buyer Profile Address: The project is currently planned for a maximum of 29.5 years (354 months) of the initial period (up to a maximum of four and a half years) for the construction period and 25 years for the operating period. Transport for London has entered into a competitive procurement process and has entered into a long-term availability contract for the design, construction, financing and maintenance of a new river crossing between Silvertown and greenwich Peninsula in east London. The river crossing, called the Silvertown Tunnel, will consist of a dual-drilling road tunnel next to the Blackwall Tunnel, connected to the A1020 Silvertown Way/Lower Lea Crossing to the north and the A102 Blackwall tunnel Going south. It is proposed to charge users in order to deal with the surcharge and to finance the plan, when this will not be part of the contract. Contracting involves a project and/or a programme funded by EU funds: No. The control includes the routine operation of the Silvertown Tunnel, excluding operational responsibility for traffic management (which is maintained by TfL in accordance with its broader network management missions).

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