Threads / HS2 Phase 2a Development / Later, more detailed estimates showed that the costs were l…
Committee Material Published 7 Jul 2023 ↗ View on Parliament

Later, more detailed estimates showed that the costs were likely to be significantly higher, with the 11-platform design forecast to cost as much as £4.4 billion in June 2020, and the revised 10-platform design estimated to cost £4.8 billion in March 2023.21 The Department told us that it needs to try to work out what the right next step is, what the right options are to consider and how it gets to a better outcome.22 It intends to look at whether and where it may be appropriate to make some ...

Later, more detailed estimates showed that the costs were likely to be significantly higher, with the 11-platform design forecast to cost as much as £4.4 billion in June 2020, and the revised 10-platform design estimated to cost £4.8 billion in March 2023.21 The Department told us that it needs to try to work out what the right next step is, what the right options are to consider and how it gets to a better outcome.22 It intends to look at whether and where it may be appropriate to make some trade-offs in order to get to something that is more affordable, and acknowledged that it may have to take a substantial amount out of the £4.8 billion e Type: conclusion | Number: 11 | Response status: accepted Government response: 2.1 The government agrees with the Committee’s recommendation. Target implementation date: Summer 2025 2.2 The objective of the Euston Reset Programme is to ensure that the scope of the HS2 station design is affordable and provides value for money to the taxpayer and