Grayling 'could seize Crossrail' as delay worsens cost overrun

 

The Department for Transport (DfT) has not denied a report that it could take control of Crossrail if delays cause a further overspend against the project's budget.

It follows the announcement in August that the central section of the new cross-London rail link will not until ‘autumn 2019’, nine months after its scheduled launch in December.

”Local

The Sunday Times reported that transport secretary Chris Grayling could seize control of what will be known as the Elizabeth line, depriving Transport for London (TfL) of hundreds of millions of pounds in fares.

It pointed out that the DfT has a clause in its sponsor agreement that entitles it to take ownership of the project from TfL if its costs exceed a previously agreed but unpublished figure.

The paper added that the delay is understood to have pushed costs beyond an existing £590m overspend and that the project is now likely to cost at least £1bn more than its original £14.9bn budget.

Asked by Transport Network to comment on the suggestion that it could take control of Crossrail, a DfT spokesperson said: ‘Crossrail Ltd and TfL are working to identify the level of additional funding that will be required to complete the project and how this will be provided.’

Transport Network also asked TfL to comment on the suggestion that the project could go £1bn over budget as a result of the delay. A  spokesperson said: ‘We are committed to ensuring the Elizabeth line is completed as quickly as possible and we are working closely with Crossrail Ltd and Government on delivering this.

‘Crossrail Ltd is working to establish what the additional impact on funding from the revised delivery schedule will be and discussions continue with Government on how to deliver any financing that may be required.’

Also see

Register now for full access


Register just once to get unrestricted, real-time coverage of the issues and challenges facing UK transport and highways engineers.

Full website content includes the latest news, exclusive commentary from leading industry figures and detailed topical analysis of the highways, transportation, environment and place-shaping sectors. Use the link below to register your details for full, free access.

Already a registered? Login

 
comments powered by Disqus
 
 
highways jobs

Definitive Map Manager

Cambridgeshire County Council
£32,825 - £35,401
This role is based within the Highways Service at Cambridgeshire County Council and provides an unusual and... Cambridgeshire
Recuriter: Cambridgeshire County Council

Bridge Park Operations Manager

Brent Council
£38,799 - £41,706 p.a. inc.
This is an exciting opportunity to play a key role in managing the operations and contributing towards the... Brentford (City/Town), London (Greater)
Recuriter: Brent Council

Assistant Engineer

Cambridgeshire County Council
£21,074 - £30,756
A great opportunity for someone looking to start or develop a career in Highways Engineering including the... Cambridgeshire
Recuriter: Cambridgeshire County Council

Head of Strategic Transport

Cheshire East Council
£64,000 - £75,000 + benefits
We’re committed to “working for a brighter future together” – and we expect you to be too! Cheshire
Recuriter: Cheshire East Council

Regeneration Manager

Mole Valley District Council
£52,895 - £57,143 FTE
This is a great career opportunity to specialise in town centre regeneration and repositioning. Dorking, Surrey
Recuriter: Mole Valley District Council

Technical Services Officer (Mechanical)

Kirklees Metropolitan Council
£36,876 - £38,813
This is an exciting and challenging time for Kirklees and we want to expand our team to manage and deliver construction... Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Road and Footway Asset Engineer

Kent County Council
£28,925 per annum
An exciting opportunity has arisen to join the Road and Footway Asset Team as an Asset Engineer. Kent
Recuriter: Kent County Council

Head of Waste

Lincolnshire County Council
£65,651 - £70,725
As Head of Waste, you will be commercially focussed and forward-thinking. Lincolnshire
Recuriter: Lincolnshire County Council

Assistant Director

Reading Borough Council
Up to £92k
It’s the ideal time to take the lead on our modernisation agenda, and deliver growth in the trading of our front line services. Reading, Berkshire
Recuriter: Reading Borough Council

Assistant Director – Highways

Lincolnshire County Council
£82,264 - £107,878
Come and lead the future agenda for our highways services. Lincolnshire
Recuriter: Lincolnshire County Council

County Highways Manager

Lincolnshire County Council
£55,503 - £60,578
Seeking a highly motivated leader and an excellent communicator, who has a proven ability to build relationships and trust, leading by example. Lincolnshire
Recuriter: Lincolnshire County Council

Local Highways Manager (East) - Lincolnshire County Council

Lincolnshire County Council
G12 £43,662 - £50,430
Seeking someone who combines excellent technical knowledge with a dedication to the customer. Lincolnshire
Recuriter: Lincolnshire County Council