340.Sections 210 to 212 define a “PPP agreement” and the procedure to be followed for the designation of such an agreement.  A PPP agreement must be a contract which involves the provision, construction, renewal or improvement, and maintenance of the London Underground. A PPP company is defined as the party undertaking to carry out or secure the carrying out of this work.
Commentary on Sections Part Iv: Transport Chapter Vii: Public-Private Partnership Agreements Sections 210 to 212: Introductory