Malcolm Bates

Sir Malcolm Rowland Bates (23 September 1934 - 30 May 2009) was a British industrialist. He served as the chairman of London Regional Transport from 1999 to 2003. and replaced Peter Ford as the chairman of London Regional Transport, who had been against the PPP arrangement. however following Kiley's firing amid repeated clashes with the Transport Secretary Stephen Byers regarding the PPP arrangement, he was reappointed as chairman, a position he served in until 2003. He was awarded a knighthood in 1998. He resigned as Chairman of London Regional Transport on 15 July 2003, as the organisation was succeeded by Transport for London. Metronet later collapsed in 2008, costing the UK Government £2 billion, and Tube Lines was bought out in 2010. The National Audit Office found that "there was limited assurance that the price of the three Tube PPPs was reasonable", and following the collapse of Metronet the arrangement was heavily criticised in the press. In 2010, the Transport Select Committee found that the PPP was "flawed" and failed to provide "value for money".