The Government has published a progress update on the £multi-million Thames Estuary 2100 (TE2100) Plan being managed by the Department for Environment Food and Rural Affairs as part of the Major Projects Portfolio first Annual Report.
The Thames Estuary 2100 (TE2100) Plan is an Environment Agency programme to procure a 10-year asset management programme of flood defence works on the tidal Thames.
Defra expects to receive the Environment Agency’s Outline Business Case in July for the procurement of a 10-year programme valued at around £260 million for necessary refurbishment and replacement works on the tidal Thames.
This is the first phase of a much longer-term Plan for managing tidal flood risk in London and the Thames Estuary to the year 2100 and beyond. According to Defra, the cost of maintaining and improving these defences is justified by the very high value of assets protected (£200bn of property), with over 1.25million people living and working in the area at risk of flooding.
2012/13 saw a £3m reduction of forecast spend in compared to the budget due to a rescheduling of the timetable to develop the business case, and procure the Environment Agency’s capital improvement works programme on the Thames.
The update says that having considered the whole life cost of the strategic options in the TE2100 Plan, Defra and the EA are now focusing on costs of discrete packages of works to deliver agreed policy options. The first of these is the programme to procure a 2013-2023 asset management programme valued at around £260 million.
Want to know more about similar schemes in England up to 2018 and beyond, together with estimated value and hundreds of key named contacts and win new business? Click here for more details on our industry-leading report Selling into the UK Flood Risk Management Sector in England 2013/14
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