Jarle Hammen Knudsen
2017-11-02 16:55:16 UTC
The Metropolitan Line Extension is doomed because costs have increased
and there is no money.
Slightly longer version:
Since taking over the MLX project, TfL has worked with the supply
chain and Network Rail to progress the design and obtain market prices
for delivery. The outturn cost of the project will be significantly in
excess of £284.4m. The increased project costs weaken the MLX business
case. The deteriorating business case and loss of its operating grant
mean that TfL is no longer able to bear cost risk above the current
£284.4m funding package.