The Department also pointed to the need to get the financial incentives right in the new delivery company, including what the shareholding and financial participation would be between the different bodies, so that people consider the collective interest, not just their own interests. The Department reasoned that having that in one delivery body, rather than dispersed across four entities, provides a better chance of producing coherent solutions and effective and efficient delivery.59
The Department also pointed to the need to get the financial incentives right in the new delivery company, including what the shareholding and financial participation would be between the different bodies, so that people consider the collective interest, not just their own interests. The Department reasoned that having that in one delivery body, rather than dispersed across four entities, provides a better chance of producing coherent solutions and effective and efficient delivery.59 Type: conclusion | Number: 34 | Response status: not_addressed Government response: 6.1 The government agrees with the Committee’s recommendation. Target implementation date: Summer 2025 6.2 The department’s next six-monthly update to Parliament is expected to be published in Summer 2025 and will include an update on progress on Euston. 6.3 The department is also responding to the