0. TfL continues to review the draft DfT proposal and discuss funding requirements with DfT for the period beyond Midday on 03 August 2022, and will provide an update in due course. The funding agreement may be found on TfL's website on the Funding letters page. The following final terms (the "Final Terms") are available for viewing: Final Terms dated 22 April 2015 relating to the issue by Transport for London of 400,000,000 2.125 per cent. Transport for London ("TfL") announces that, reflecting the placement by Fitch Ratings Limited ("Fitch") of the United Kingdom's 'AA' Long-term Foreign- and Local-Currency Issuer Default Rating (IDRs) on Rating Watch Negative ("RWN") on 20 February 2019, Fitch has also placed TfL's 'AA-' Long-term Foreign and Local-Currency IDRs and 'AA-' senior unsecured long-term rating on RWN. London United maintained service 10, which will use 23 New Routemasters from January 28, while 476 remains with London General, utilising 23 existing diesel double-deckers from the same date. CRL will continue to review the cost schedule and update its sponsors as appropriate. The exact future impact is difficult to forecast due to the uncertainty around the evolution of the pandemic and measures taken to prevent its spread. CRL's proposal is not a confirmed opening window and remains subject to review and validation by TfL and DfT as sponsors of the Crossrail project. Copies can also be downloaded from ourAnnual Reports - past years page. These current revenue impact assumptions will be fully addressed in TfL's 2019 update to its Business Plan, which is due to be published in December. TfL has released final results ofitsdebt tender offer. Singapore has Released a tender for Supply Of Instructors For P5 Public Speaking Programme 2023 In Innova Primary School in Building. That makes sense for 2019 tender results: I think many bus could be awarded and retained will be like this . Country - France. On 26 September 2017, Moody's Public Sector Europe (Moody's) lowered its long-term issuer rating of TfL to 'Aa3' from 'Aa2' and changed the outlook to stable from negative.
With respect to the Crossrail project, the existing funding package agreed in December 2018 will continue to apply. The original terms of the Funding Package announced on 1 June 2021 can be found in the funding letter. WebThe South of Glasgow be awarded and tfl tender programme 2023 will be set out the., P News line to 2023 delay between the announcement of a tender result and the contract
WebThe GLA and TfL organise events and visits to promote their strategic aims and business objectives, and engage with local, national and international audiences. The statement confirms an interim financing package between the Government and the Mayor of London. WebClient Manager Programme Start Date September 2023 Apply by 20 March 2023 UK (various) DACB Reconnect Returner Programme 6-month returnship Rolling Application Apply ASAP UK;USA;Canada;India Moodys RE-IGNITE 16-week returnship and supported hiring Rolling application Apply ASAP UK (London/remote) Skanska Costain STRABAG Country - Singapore Summary - Supply Of Instructors For P5 Public Speaking Programme 2023 In Innova Primary School Deadline - Apr 14, 2023 Authority The original terms of the funding package announced on the 1 June 2021 can be found in the settlement funding letter dated 1 June 2021. %PDF-1.7
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TfL's current forecast, based on government scenarios, suggest that this could be a reduction in passenger income of up to 500m. Crossrail Limited ("CRL") advised TfL that there are some projected delays in the opening of the Elizabeth line and it is likely that additional funding would be required to cover the higher levels of risk contingency. TfL continues discussions with the DfT with regards to TfL's need for further financial support andalong-term capital funding deal to enable a strong and robust recovery from the pandemic. In addition, the Funding Package recognises that there are material factors beyond TfL's control that give rise to a high level of uncertainty in forecasting passenger revenue during the 2021 Funding Period, particularly as Government guidance on dealing with the pandemic develops. The Outlooks are now Negative, reflecting those on the UK sovereign.
22 October 2020 - Transport for London Moody's Credit Rating, Governance of the Crossrail programme transfers to TfL, Crossrail opening timetable and cost forecast update, Plan a journey and favourite it for quick access in the future, Choose postcodes, stations and places for quick journey planning. Workstream two: cost intelligence research and development 50m Over the course of the support period, TfL and DfT will continue to work on long-term funding plans to ensure TfL's financial sustainability over the medium to long term. The agreed financing package has been designed to cover this as follows: a)an initial 1.4 billion will be funded by the GLA and passed to TfL as grant for the purposes of the Crossrail Project; and. hmk0@8=IPNl/J_hplu~:NVg!dNE"BXLxcBbcJ1#zCXI)I$pF2>iB`ac^M1/z:u<6AUy=j?OkB6RsF2BHC(0W{KRB3 It has now been agreed that, to address the shortfall, 825m of additional borrowing will be made available to the GLA by the DfT and passed to TfL as a grant for the purposes of the Crossrail project. TfL has agreed with the Department for Transport ("DfT") that the Financing Package will remain in place. The Department for Transport will provide a short-term loan of 350m to London, which will enable Crossrail Limited to continue its construction work and vital testing at pace to open the Elizabeth line to passengers as quickly as possible. The approximate reduction in forecast revenues compared to TfL's 2018 Business Plan is expected to be between 500m and 750m spread across the next four financial years, with most of the impact forecast in 2021/22 and 2022/23. Transport for London ("TfL") has published its Annual Report and audited Statement of Accounts for the year ended 31 March 2018. On 10 December 2018, TfL announced a financing package provided by the Department for Transport, the Greater London Authority ("GLA") and TfL to support the final stages of the Crossrail project and open the Elizabeth line to passengers (the "Financing Package"). Notes due April 2064 under the 5,000,000,000 Euro Medium Term Note Programme. It reflects the close institutional, operational and financial linkages between TfL and the UK sovereign. The plan covers a number of changes compared to the 2017 Business Plan, including the financing agreement with government covering Crossrail Limited's cost overrun and the high level impact of the Elizabeth Line delay on TfL's expected income.
DfT will continue to be responsible for the funding of the additional Network Rail works. Mike Brown will then take up a position as Chair of the Delivery Authority for the Restoration and Renewal of the Houses of Parliament. On 1 June 2021, TfL announced that an extraordinary funding and financing support package (the "Funding Package") had been agreed between TfL and the DfT to support transport services in London and contribute towards TfL's forecast revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic. Transport for London ("TfL") announces that on 22 May 2020, Fitch Ratings ("Fitch") downgraded TfL's Long-Term Foreign- and Local- Currency Issuer Default Ratings ("IDRs") to 'A+' from 'AA-'. At the same time, S&P affirmed its 'A-1+' short-term issuer credit rating of TfL. TfL announces that the current funding extension in relation to TfL's extraordinary funding and financing agreement ended at midday 03 August 2022. As part of the Funding Package, TfL commits to deliver savings and/or new income of at least 300m in 2021/22. Transport for London (TfL) issues an update onhow theCovid-19 virushas affecteditspassenger numbers and how it intends to utilise itsreservesto manage the forecast initial financial impact. A more comprehensive update is expected early in 2020. %PDF-1.7
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On these routes to Euro VI standards 3.3bn contract to operate the line CRL has continued to work on a plan to drive the Crossrail project to completion and, although some details are still to be finalised, has provided an initial proposal to its sponsors (TfL and the Department for Transport ("DfT")) that indicates the central section of the Elizabeth line opening during the first half of 2022. The action by Fitch on Transport for London reflects the application of Fitch's "Government-Related Entities Rating Criteria" (GRE) methodology, according to which when the assessment of support is strong or better, the primary driver of the GREs IDR will be that of the supporting government. TfL has been advised by CRL that their latest assessment is that the opening of the central section will not occur in 2020 which was the first part of the previously declared opening window.
The full implications for TfL will be set out as part of the annual business planning process at the end of 2018. TfL is also planning what it needs to do to recover once the pandemic has subsided. The following prospectus has been approved by the UK Listing Authority and is available for viewing: Prospectus dated 23 July 2015 (the "Base Prospectus") relating to the Transport for, London 5,000,000,000 Euro Medium Term Note Programme. TfL announces that Group Finance Director, Patrick Doig, will report directly to TfL's Commissioner, Andy Byford, as an interim measure and is an alternative to appointing an interim Chief Finance Officer as had been announced on 4 March 2022. LUL own the freehold of a run of 31 predominately unused/operational arches beneath the Hammersmith & City line viaduct which lies adjacent to Wood Lane Station and at the
The revised schedule is needed by Crossrail Limited to complete the final infrastructure and testing required to ensure the Elizabeth line opens as a safe and reliable railway. 3400 0 obj
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WebThe development and implementation of a pan-TfL Video Management System and ongoing support and maintenance. The joint sponsors of the project have commissioned independent reviews into Crossrail Limited's governance and financing to ensure its projections are robust. On 1 June 2021, TfL announced that an extraordinary funding and financing support package (the "Funding Package") had been agreed between TfL and the DfT to support transport services in London and contribute towards TfL's forecast revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic. Please see the following document for details of the announcement. The original terms of the Funding Package announced on 1 June 2021 can be found in the funding letter. However, when taking into account the amount of funding available to TfL in the Funding Package, there remains a funding shortfall compared with the TfL Budget for 2020/21. Deadline - Apr 17, 2023. Please see the following document for details of the announcement. On June 29 2016, S&P Global Ratings (S&P) lowered its long-term issuer credit rating of TfL to 'AA' from 'AA+'. Following the selection of the winning bidder, the winning 3400 0 obj
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Once the central section opens, full services across the Elizabeth line from Reading and Heathrow in the west to Abbey Wood and Shenfield in the east, will commence as soon as possible. The Housing & Development Board (HDB) has launched its eighth solar leasing tender under the SolarNova programme, covering the installation of solar panels across 1,075 HDB blocks and 104 government sites. Fitch will assess the Government support in light of the severe impact on TfL's operations and analyse how this may mitigate any significant deterioration in TfL's financial profile which may in turn impact its IDR. This will depend on the duration and severity of the spread of the Covid-19 virus. CRL continues its work on reducing the shortfall, while further independent analysis of costs is ongoing. Ian is currently Chief Financial Officer at the Ordnance Survey and was previously the Chief Financial Officer of Eurostar. Desde que chegou aos Estados Unidos, em 1994, o gacho Enivaldo Medeiros se destacou como um bom empreendedor. .*>D1yZfX^i|o|_
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_.PoCB-O;yJ. Transport for London ("TfL") has published its Annual Report and audited Statement of Accounts for the year ended 31 March 2021. TfL has launched adebt tender offer. On 23 December 2019, Fitch Ratings ("Fitch") affirmed TfL's Long-term Foreign- and Local-Currency Issuer Default Rating ("IDRs") at 'AA-' and removed it fromRating Watch Negative ("RWN"). Base Prospectus dated 12 July 2019 (the "Base Prospectus") relating to the Transport for London 5,000,000,000 Euro Medium Term Note Programme. Mike Brown will continue to act as Commissioner of TfL until he starts his new role in May 2020. On 18 September 2019, TfL announced a range of risk contingency provisions contained in CRL's cost forecasts, reflecting project uncertainties. It is expected that, following the opening of the central section, full services across the Elizabeth line route from Reading and Heathrow in the west to Abbey Wood and Shenfield in the east will commence by mid-2022. It presents a funding gap of up to 1.9bn in the first half of 2020/21 and over 3.0bn over the full year. Additional modelling scenarios include a significantly higher level of risk contingency, up to 394m more than the committed funding, and opening later in 2021.
On 22 July 2022 TfL announced that DfT had provided TfL with a draft proposal for a Long Term Funding Settlement, the terms of such proposal being subject to agreement and that TfL would review the proposal.. On 28 July 2022 TfL announced that the current extraordinary funding and financing agreement between TfL and the DfT had been extended to Midday on 03 August 2022. A copy of the Annual Report and Statement of Accounts has been submitted to the National Storage Mechanism andcan alsobe downloaded from the Annual Reportpage. LUL own the freehold of a run of 31 predominately unused/operational arches beneath the Hammersmith & City line viaduct which lies adjacent to Wood Lane Station and at the Webtfl tender programme 2023. As announced on 20 November 2019, the approximate reduction in forecast revenues compared to TfL's 2018 Business Plan is still expected to be between 500m and 750m spread across the next four financial years, with most of the impact forecast in 2021/22 and 2022/23. JMmg4Ix|T
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Transport for London ("TfL") announces that on 26 October 2018 Her Majesty's Government issued an update on Crossrail by way of written statement to Parliament. The latest projections now show a central cost forecast (including risk contingency) of approximately 15,363m, which is 400m more than the funding committed under the Financing Package. TfL announces that the current extraordinary funding and financing agreement between TfL and the Department for Transport ("DfT") has been extended to 4 February 2022. Any potential material financial impact beyond 2019/20 will be reflected in TfL's 2019 update to its Business Plan, in accordance with TfL's legal requirement for a balanced budget. This followed on from the package announced on 1 June 2021, which was subsequently extended to 25 February 2022. Transport for London ("TfL") announces that on 24 July 2018 Her Majesty's Government issued its Annual Update on Crossrail 2018 by way of written statement to Parliament. 6th April 2023. On 15 May 2020 TfL announced that following a substantial reduction in passenger revenues, a funding and financing support package had been agreed between TfL and the Department for Transport ("DfT"). TfL announced on 13 July 2022 that the current extraordinary funding and financing agreement between TfL and the Department for Transport ("DfT") had been extended to 28 July 2022. The Funding Package will contribute towards TfL's revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic. Independent reviews into Crossrail Limited's financial and governance arrangements to ensure the right scrutiny and oversight are in place as the project enters its final phase, and that Crossrail Limited's financial and schedule projections are robust, are nearing completion. An opening date within the period outlined by Crossrail Limited is expected to have no material impact on TfL's revenues in the current financial year (2019/20). An underlying softness in demand and passenger revenue, largely caused by economic uncertainty,had been experienced by TfL since October2019, with both London Underground and bus revenues trending at around two per cent belowthe previous year. 3423 0 obj
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Transport for London ("TfL") announces today that an additional funding and financing package has been agreed between TfL, the Greater London Authority ("GLA") and Her Majesty's Government for the final phase of the Crossrail project. Transport for London ("TfL") announces that on 22 May 2020, Standard and Poor's Global Ratings ("S&P") downgraded its issuer credit ratings to 'A+/A-1' from 'AA-/A-1+'.
Any potential financial impact to TfL's passenger revenues will form part of TfL's overall financial planning, alongside Covid-19 financial impacts across its business generally. TfL continues to discuss funding requirements with DfT for the period beyond 11 December 2021 and understands that Government intends to extend the current arrangements to 17 December 2021. TfL's Group Finance Director, Patrick Doig will remain as TfL's statutory Chief Finance Officer, a role he has held since May 2021. Rachel is no longer able to take on that role following medical advice and will remain as Chief Finance Officer, Crossrail Ltd and Finance Director, TfL Operations. The ERP programme is improving our processes, systems and associated ways of working to ensure we can continue to operate our business-critical processes in Moody's confirmed the short-term rating for TfL remains P-2. Both teams are responsible for providing advice about and are the point of contact for anyone interested in using the panel. Rail Industry Events 2023; UK Events; Rail TfL currently has a programme of works to improve the condition of existing railway arches on the LU estate so that they can be let for commercial use. On 22 July 2022 TfL announced that DfT had provided TfL with a draft proposal for a Long Term Funding Settlement, the terms of such proposal being subject to agreement and that TfL would review the proposal. 0
TfLhas published its Annual Report and audited Statement of Accounts for the year ended 31 March 2022. These are as yet unquantified but will be considered as part of TfL's wider financial planning activities. The H2 Funding Package provides support for the period from 18 October 2020 to 31 March 2021. TfL is continuing to target financial sustainability from April 2023 and is therefore working towards being financially sustainable ahead of the end of theLong-Term Funding Settlement on 31 March2024. pV0&mZc:>4so&c'7XZ
Discussions with the Department for Transport in relation to our future funding requirements are ongoing and TfL remains in a position to meet its operational and contractual obligations in the near term, whilst discussions conclude. to open in March 2023. The UKs Transport for London (TfL) started the tender process for installation of new safety systems on the capitals tram network. TfL then announced on 13 July 2022 that the Fourth Funding Package had been extended to 28 July 2022. The Architecture Design and Urbanism Panel forms part of the Mayors Good Growth by Design Web2022 - 2023 Tendering Programme * Indicates route eligible for a two year extension.
Incremental borrowing by Transport forLondonfrom the Public Works Loan Board of 505m (the "PWLB loan").
This Prior Information Notice (PIN) is issued solely for the purpose of alerting the market Following further discussion, the terms of the Funding Package have now been amended to define the funding period as 29 May 2021 to 4 February 2022. TfL is following and communicating advice from Public Health England, including that there is no specific risk on public transport, and has stepped up the cleaning regime on its services and in its work environments beyond the already existing high standards. II.1.2)Main CPV code. The rating action on TfL follows the change to the UK's long-term credit rating, which was lowered to 'AA' from 'AAA' on 27 June 2016. Transport for London ("TfL") announces that on 21 October 2020, Moody's Public Sector Europe ("Moody's") downgraded the long-term ratings for TfL to A1 from Aa3 and changed the outlook to negative. Crossrail Limited ("CRL") today issued an update on progress to complete the Elizabeth line and confirmed that it plans to open the central section between Paddington and Abbey Wood in summer 2021.
Most of these activities have since resumed with special safety measures in place. m|B As part of the Funding Package, TfL will commit to contribute approximately 160m to the forecast funding shortfall in the form of additional income or savings through a mixture of lower capital and operating expenditure supported by stronger financial control measures. France has Released a tender for Road Program 2023 Phase 2 in Roads and Highways. The original terms of the funding package announced on the 1 June 2021 can be found in the settlement funding letter dated 1 June 2021. The tender was released on Apr 06, 2023. Transport for London ("TfL") announces that on 9 May 2022, Moody's Public Sector Europe ("Moody's") downgraded the long-term rating for TfL to Baa1 from A3. TfL announces that a Long-Term Funding Settlement (the"Long-Term Funding Settlement") has now been agreed between TfL and the Department for Transport ("DfT")to support transport services in London until 31 March 2024. Government state a willingness in the short and medium term to provide grant funding for renewals and enhancements and will work towards an agreement for long-term capital support with an expectation that this agreement will be reached by 31 March 2022.The Fourth Funding Package includes a number of conditions, which includes the continuation and further development of initiatives commenced under previous funding agreements with DfT. TfL will therefore carefully plan the tender relaunch to avoid overlap with key stages of the CfD process when the full details of AR5 are published. WebThe South of Glasgow be awarded and tfl tender programme 2023 will be set out the., P News line to 2023 delay between the announcement of a tender result and the contract contract. Andy Lord, TfL's current Chief Operating Officer, will take on the role of Commissioner of TfL on an interim basis from 25 October. On 18 March 2021, the DfT wrote to TfL proposing a short-term extension of the H2 Funding Package to 18 May 2021. Webhas been recognised that access to TfL locations such as tracks, platforms, sidings, stations, bus and rail depots must be improved. As a result of a significant reduction in passenger journeys, our revenues continue to be negatively affected compared to our latest business plan, as is reflected in our revised budget, approved by the Board on 29 July 2020. On 22 July 2022 TfL a WebProgram only) Address for claims submitted via paper: Horizon BCBSNJ Horizon Behavioral Health PO Box 10191 Newark, NJ 07101-3189 Claims for FEP Members: PO The outlook has moved from negative to stable. On 23 July 2020 Transport for London ("TfL") announced that following the Crossrail Limited ("CRL") Board meeting held earlier that day, CRL had advised that the opening of the central section of the Elizabeth line would not occur during summer 2021 and that the cost to complete the Crossrail project was expected to be higher than previously announced on 8 November 2019. Transport for London ("TfL") confirms that Elizabeth line services through central London are expected to open in autumn 2019. Conversely, if TfL's revenues are higher than the pre-determined passenger revenue forecast, TfL will be required to pay that excess to DfT at the end of the Fourth Funding Period. Because of the delay to the opening of the Elizabeth line, a subdued economy and the removal of Government operating grant, TfL is now forecasting to achieve a surplus on its net cost of operations in 2022/23, one year later than planned. $n~c`bd100C2@ C
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With effect from this date, Mike Brown MVO, currently Managing Director, London Underground and London Rail, will be acting Commissioner of TfL, pending a full recruitment process. TfL has released indicative results ofitsdebt tender offer. On 1 November 2020, TfL announced that an extraordinary funding and financing support package (the "H2Funding Package") had been agreed between TfL and the Department for Transport ("DfT") to contribute towards TfL's forecast funding shortfall, arising from the loss of passenger revenue as a result of the coronavirus pandemic. Single Rate: $2,145. The action followed a referendum vote in favour of the UK leaving the European Union and the change in the outlook on the UK's Aa1 government bond rating to negative from stable on 24 June 2016. identification and consultation on new or increased income sources for the value of between 0.5bn-1.0bn per annum from 2023; a joint review of demand to inform future service level requirements and potential changes from 2022/23 onwards; preparation of a revised medium-term capital investment programme, which will be confirmed with Government through the 2021 Spending Review; a review of TfL's pension scheme and potential reform options with the aim of moving TfL's Pension Fund into a financially sustainable position; a DfT led joint programme on the implementation of Driverless Trains on the London Underground; a TfL plan for housing delivery through a dedicated commercial property company; and, 1 December 2020 - Crossrail additional funding agreement, 1 November 2020 - Government support package, An Extraordinary Support Grant of 905m payable under section 101ofthe Greater London Authority(GLA) Act1999; and. In conjunction with the refinement of the remaining work schedule, the extent of any cost increases is being ascertained alongside potential mitigations, before being validated and confirmed in due course. This funding settlement follows on from and replaces the extraordinary funding settlement between TfL and the DfT dated 25 February 2022, known as the Fourth Funding Package, which recently came to an end.
Web2022 - 2023 Tendering Programme * Indicates route eligible for a two year extension. Summary - Road Program 2023 Phase 2. Discussions on funding the additional costs to complete the Crossrail project (which are not included as part of this Funding Package) remain constructive. This evening 22 July 2022 DfT provided TfL with a draft proposal for a Long Term Funding Settlement. Reference number: ICT13342. Five star golf carts is considered one of the most important golf automobile distributor in South Africa and the only with a couple of TfL announces that Rachel McLean, who is currently TfL's Finance Director for Operations and Chief Finance Officer of Crossrail, is appointed as Transport for London's managing Chief Finance Officer with effect from 31 October 2022, as a permanent appointment following the departure of Simon Kilonback in April 2022.
It has now been agreed that, to address the shortfall, 825m of additional borrowing will be made available to the GLA by the DfT and passed to TfL as a grant for the purposes of the Crossrail project. TfL has agreed with the Department for Transport ("DfT") that the Financing Package will remain in place. The Department for Transport will provide a short-term loan of 350m to London, which will enable Crossrail Limited to continue its construction work and vital testing at pace to open the Elizabeth line to passengers as quickly as possible. The approximate reduction in forecast revenues compared to TfL's 2018 Business Plan is expected to be between 500m and 750m spread across the next four financial years, with most of the impact forecast in 2021/22 and 2022/23. Transport for London ("TfL") has published its Annual Report and audited Statement of Accounts for the year ended 31 March 2018. 
On 10 December 2018, TfL announced a financing package provided by the Department for Transport, the Greater London Authority ("GLA") and TfL to support the final stages of the Crossrail project and open the Elizabeth line to passengers (the "Financing Package"). Notes due April 2064 under the 5,000,000,000 Euro Medium Term Note Programme. It reflects the close institutional, operational and financial linkages between TfL and the UK sovereign. The plan covers a number of changes compared to the 2017 Business Plan, including the financing agreement with government covering Crossrail Limited's cost overrun and the high level impact of the Elizabeth Line delay on TfL's expected income. 
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_.PoCB-O;yJ. Transport for London ("TfL") has published its Annual Report and audited Statement of Accounts for the year ended 31 March 2021. TfL has launched adebt tender offer. On 23 December 2019, Fitch Ratings ("Fitch") affirmed TfL's Long-term Foreign- and Local-Currency Issuer Default Rating ("IDRs") at 'AA-' and removed it fromRating Watch Negative ("RWN"). Base Prospectus dated 12 July 2019 (the "Base Prospectus") relating to the Transport for London 5,000,000,000 Euro Medium Term Note Programme. Mike Brown will continue to act as Commissioner of TfL until he starts his new role in May 2020. On 18 September 2019, TfL announced a range of risk contingency provisions contained in CRL's cost forecasts, reflecting project uncertainties. It is expected that, following the opening of the central section, full services across the Elizabeth line route from Reading and Heathrow in the west to Abbey Wood and Shenfield in the east will commence by mid-2022. It presents a funding gap of up to 1.9bn in the first half of 2020/21 and over 3.0bn over the full year. Additional modelling scenarios include a significantly higher level of risk contingency, up to 394m more than the committed funding, and opening later in 2021. 
TfL's Group Finance Director, Patrick Doig will remain as TfL's statutory Chief Finance Officer, a role he has held since May 2021. Rachel is no longer able to take on that role following medical advice and will remain as Chief Finance Officer, Crossrail Ltd and Finance Director, TfL Operations. The ERP programme is improving our processes, systems and associated ways of working to ensure we can continue to operate our business-critical processes in Moody's confirmed the short-term rating for TfL remains P-2. Both teams are responsible for providing advice about and are the point of contact for anyone interested in using the panel. Rail Industry Events 2023; UK Events; Rail TfL currently has a programme of works to improve the condition of existing railway arches on the LU estate so that they can be let for commercial use. On 22 July 2022 TfL announced that DfT had provided TfL with a draft proposal for a Long Term Funding Settlement, the terms of such proposal being subject to agreement and that TfL would review the proposal. 0
TfLhas published its Annual Report and audited Statement of Accounts for the year ended 31 March 2022. These are as yet unquantified but will be considered as part of TfL's wider financial planning activities. The H2 Funding Package provides support for the period from 18 October 2020 to 31 March 2021. TfL is continuing to target financial sustainability from April 2023 and is therefore working towards being financially sustainable ahead of the end of theLong-Term Funding Settlement on 31 March2024. pV0&mZc:>4so&c'7XZ