2017 Report details for project: High Speed Rail Programme (HS2)

Project name: High Speed Rail Programme (HS2) - there are 7 reports for this project: 2013, 2014, 2015, 2016, 2017, 2018, 2019
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Organisation: DFT (D9) - see all reports for this organisation
Report year: 2017 (data is from Sept 2016)
Category: Infrastructure - see all reports for this category
Description: A new fully integrated high speed North-South railway
DCA (RAG): Amber/Red
DCA text: The SRO notes the Amber Red assessment, which reflects the overall complexity of the project and should be seen in the light of the very significant progress made recently on all phases of the programme, as set out below. HS2 is in excellent shape and substantial progress has been made in all areas of the programme this year. The Hybrid Bill for Phase 1 received Royal Assent in February 2017, giving us powers to acquire land and construct the railway. Phase 1 has now moved into its delivery phase; enabling works have commenced, we are preparing to let the main civil works contracts for the construction of the railway and we have issued the first notices under the compulsory purchase powers to acquire the land. Following engagement with train manufacturers, we are also readying ourselves to launch the procurement for the rolling stock for the scheme. We have also issued a Prior Information Notice for a Master Development Partner to work with us on regeneration above and around Euston Station. Phase 2 has also progressed well, we are readying ourselves to deposit a hybrid Bill for Phase 2a prior to summer recess. The Secretary of State announced the route for Phase 2b and we have consulted on property compensation schemes.
Start date: 2011-02-28
End date: 2033-12-31
Schedule text: The project continues to make excellent progress against a challenging schedule. Phase 1: Royal Assent has been given to the Hybrid Bill which has given us powers to acquire land and construct the railway. HS2 Ltd has been appointed nominated undertaker for the scheme. We have started to acquire land to commence construction, with around 500 notices for access being issued in March 2017 to carry out surveys, together with up to 50 temporary possession notices. The first compulsory purchase order notices were served in April. Contracts have been let to undertake essential enabling works along the route, and we have started these works. The procurement process for main works contractors for the scheme has commenced and tender bids are being evaluated. Award of contracts is expected in summer 2017, following completion of the procurement process. We are also preparing to start the procurement of a Master Development Partner to create a scheme for the development of the wider Euston station area. Phase 2 Phase 2a Bill preparation is underway and the programme remains on track to deposit a hybrid Bill prior to summer recess in 2017.
Baseline: £928.62m
Forecast: £928.62m
Variance: 0.00%
Variance text: Budget variance less than 5%.
Whole Life Cost: £55,700.00m
WLCost text: In the 2015 Spending Review (SR15), Government restated the long-term funding envelope for the HS2 programme at £55.7bn in 2015 prices. This budget is for delivery of the full HS2 scheme including rolling stock. The SR15 settlement sets a year by year funding allocation for HS2 as a whole for a period of 5 years (2016/17 to 2020/21). Following the precedent set by Phase One, we expect to capitalise all expenditure following second reading of the Bills.
Sourcefile: IPA_2017.csv

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