2017 Report details for project: Midland Main Line Programme

Project name: Midland Main Line Programme - there are 3 reports for this project: 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: The Midland Main Line Programme will reduce journey times, increase capacity for passenger and freight services and improve the passenger experience. It will reduce operating costs and the environmental impact of railway operations.
DCA (RAG): Amber
DCA text: Costs and schedule continue to be closely monitored by the Department. Work has taken place on Reference Class Forecasting to strengthen financial and schedule forecasts, utilising external expertise. Currently external design assurance is being commissioned and undertaken to further strengthen confidence in the programme. The Outline Business Case for Key Output 1 (electrification to Kettering and Corby and capacity works) was approved in October 2016 and authority was also provided to continue to develop the plans for Key Output 2 (electrification to Sheffield and Nottingham).
Start date: 2011-01-01
End date: 2024-12-31
Schedule text: Electrification from London St Pancras to Kettering and Corby, as well as capacity works on the whole route is due to be completed in 2019. Plans for electrification of the rest of the route to Sheffield and Nottingham by 2023 continue to be developed.
Baseline: £263.20m
Forecast: £256.50m
Variance: -3.00%
Variance text: Budget variance less than 5%.
Whole Life Cost: £2,620.00m
WLCost text: The stated cost is within the funding envelope for the programme as agreed following the Hendy Review in 2015. Rail investment period settlements are made in five year blocks. The budgeted whole life costs for this project includes the forecasts for this investment period (Control Period 5) and forecast cost for the next rail investment period (Control Period 6). The period for agreeing the settlement for Control Period 6 will not conclude until late 2018.
Notes1:
Notes2:
Sourcefile: IPA_2017.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.