Supplementary note by PricewaterhouseCoopers
LONDON UNDERGROUND PPP
During the Committee's hearing on 27 February
Mr George Stephenson asked if I could confirm that PricewaterhouseCoopers
audited Bechtel Inc., W.S. Atkins Plc, RWE (the parent company
of Thames Water) and Halcrow Group. I said I was aware that the
firm audited three of these four companies but was not sure about
the fourth. Mr Stephenson asked if I could write to the Committee.
I can now confirm that PricewaterhouseCoopers
audits Bechtel Inc., W.S. Atkins Plc and RWE. I can also confirm
that PricewaterhouseCoopers does not audit Halcrow Group (although
it did so until the year ending 31 December 1999).
In case it is helpful to the Committee, I set
out below our understanding of the current auditors for each of
the shareholders of each of the four consortia who were pre-qualified
to bid on the London Underground PPP.
| Metronet | Adtranz
| Ernst & Young |
| | BICC | Andersen
|
| | Seeboard |
Deloitte & Touche |
| | Thames Water
| PwC |
| | WS Atkins |
PwC |
| Tubelines | Amey | Grant Thornton
|
| | Jarvis | Ernst & Young
|
| | Bechtel |
PwC |
| Tuberail | Alstom | Deloitte & Touche
|
| | AMEC | KPMG
|
| | Halliburton Brown & Root
| Andersen |
| | Carillion |
KPMG |
| LINC | Anglian | PwC
|
| | Bombardier |
Ernst & Young |
| | Fluor | Ernst & Young
|
| | Alcatel |
Deloitte & Touche |
| | Mowlem | KPMG
|
There are provisions in PwC's contract with London Transport
to prevent any conflicts of interest. If the Committee would like
information on these provisions, or any other details, please
do inform me.
Tony Poulter
Partner
28 February 2002
| 
