Merseytravel disclosed new trains cost £273,424,952.00 then claimed the figure was “commercially sensitive”!
During the audit last year (2016-17) of the accounts for Merseytravel and the Liverpool City Region Combined Authority I received a copy of an invoice (which you can read above) from Stadler to Merseytravel for part payment (10%) for 52 new trains. The total cost is clearly indicated on the invoice as £273,424,952.00 (of which 10% is £27,342,495.20). This was through exercising a right outlined in s.26 of the Local Audit and Accountability Act 2014.
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