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Old July 25th 18, 07:32 AM posted to uk.railway,uk.transport.london
Roland Perry Roland Perry is offline
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Default Crossrail GBP590m over budget

In message , at 06:59:20 on Wed, 25 Jul 2018,
Recliner remarked:
Basil Jet wrote:


https://www.constructionnews.co.uk/c...srail/crossrai
l-breaks-budget-by-590m/10033487.article


No surprise that the rumours of overspends are true, but it's interesting
that the final spend will actually be below the original budget:


Is it being built to the original spec, though?

Crossrail will come in £590m over its original £14.8bn budget, the
government has confirmed.

The first budget agreed for the Crossrail scheme was set at £15.9bn back in
2007.

Following a Comprehensive Spending Review in 2010, this was reduced to
£14.8bn. Of this spend, Crossrail is responsible for £12.5bn of works,
while Network Rail is responsible for £2.3bn


--
Roland Perry