The London Regional Metro consortium is made up of AECOM; Arup; Bank of Scotland; Berwin Leighton Paisner and Jones Lang LaSalle. Their bid comes as Cross London Rail Links, the joint venture between Transport for London and the Strategic Rail Authority, is poised to announce its preferred route for the project.

The private consortium claims it could deliver the project sooner than any other proposal with minimal risk to public finances by integrating property development from the outset.

"We believe our proposal can deliver a much-needed strategic link for London quicker than any alternative and at lower cost to the public purse", said Peter Head, Development Director of London Regional Metro.

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