My right hon. and noble Friend the Secretary of State for Transport, Lord Adonis, has made the following ministerial statement:
I informed the House last year, Official Report 29 October 2009 c. 28WS-29WS, that an independent advisory panel would be set up to scrutinise the Transport for London (TfL) investment programme.
Yesterday, 24 March 2010, the Mayor announced the appointments of the first six members of the panel from a shortlist agreed with me. TfL have informed me that they expect the panel, now known as the Investment Programme Advisory Group (IPAG), to be up and running by May 2010. Further details can be found on the TfL website:
The IPAG will provide additional reassurance to the Mayor, and to tax payers and fare payers, that the TfL investment programme is being delivered economically and efficiently.