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(Croxley) Rail link cost spirals
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July 11th 08, 10:00 AM posted to uk.transport.london,uk.railway
Paul Scott
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First recorded activity at LondonBanter: Nov 2004
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(Croxley) Rail link cost spirals
"Chris Tolley" wrote in message
...
wrote:
5:10pm Thursday 10th July 2008
The rail link, which will extend the Metropolitan Line into Watford
Junction, was priced at £66m in 2006.
Just one year later, the scheme is now estimated to cost close to
£150m, if completed by 2014.
One has to suspect the accuracy of the rest of the reporting, when it is
clear that the journalist can't successfully subtract 2006 from 2008.
So in summary, the cost for the project was thought to be ridiculous, so
they have doubled it to make it more realistic?
What sort of 'backing' are TfL supposed to be giving anyway, the DfT seem to
be 'investing' the vast majority...
Paul S
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