Monday 16 June 2008

IEP RIP?

It's almost July and the DafT boys and girls are looking forward to their summer holidays. And if there is a particular spring in their step it is almost certainly because they won't have to wade through IEP bid submissions on their return.

The original programme envisaged Civil Servants reviewing bid submissions in "Summer 2008" but it is becoming increasingly apparent that this timescale will not be met.

The IEP is already know as a Frankenstein Train having been beset by problems ever since the specification was drawn up and issued by Whitehall Mandarins. As befits the Masters of Compromise the train was to be both electric and diesel powered.

To their credit Network Rail quickly spotted that DafT was 'Talking Bollocks' and called at the end of last year for the diesel option to be abandoned.

Then Alstom, one of only three IEP bidders, abandoned the competition in February leaving just Hitachi and Express Rail Alliance (a Bombardier/Siemens JV) in the running.

Such is Hitachi's unhappiness with the IEP specification that it has had to issue constant denials that it was planning to give up on the competition. Meanwhile Express Rail Alliance, which was backed by RBS and Babcock & Brown, is suddenly looking very wobbly after last week's exit from the rail market by RBS (which sold Angel Trains to IEP partner Babcock & Brown).

Despite a collective raspberry from the market DafT continued to maintain that IEP was on track.

So it probably came as a shock to Mike Mitchell and his DafT chums when Ruth Kelly, in Rosa Klebb mode, stuck the stilleto into the project on the 9th June by recanting her previous faith in diesel traction and becoming a born again evangelist for electrification.

With Rosa having stiffed her own Department and thoroughly confused the supply chain it can't be long before the InterCity Express Programme derails

Meanwhile The Fact Compiler is keen to know exactly how much this barren process has cost the taxpayer to date?