2018 Report details for project: Crossrail Programme

Project name: Crossrail Programme - 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: 2018 (data is from Sept 2017)
Category: Infrastructure - see all reports for this category
Description: A new high-frequency rail service which will increase rail-based capacity in London by up to 10% and cut journey times across London and the South East.
DCA (RAG): Amber
DCA text: The project is now over 90% complete and is entering its final stages. Cost and schedule pressures are increasing. The Department, as well as Transport for London (with the assurance of the Project Representatives) have increased governance to closely monitor progress.
Start date: 2008-07-22
End date: 2019-12-31
Schedule text: Crossrail Ltd report that the overall completion date will be maintained. There are increasing challenges as we enter the final stages of the project and risks are being closely monitored. The Project Representative, who reports directly to the Department and Transport for London, provide ongoing assurance on the project schedule and flag any potential deviation on the schedule to both Sponsors where corrective action can be taken.
Baseline: £972.02m
Forecast: £1,857.10m
Variance: 91.00%
Variance text: The variance in the 2017/18 Crossrail budget is due to the funding arrangements for the project. The budget describes the schedule for Sponsors funding Crossrail Limited. The forecast describes the profile for Crossrail Limited then spending those funds. A re-baselining of the programme schedule in 2010 meant that costs have been incurred in different years than originally anticipated.
Whole Life Cost: £14,768.87m
WLCost text: This constitutes the funding for the project as a whole. There are a series of intervention points set out in the governance documents which are designed to mitigate against the risk of exceeding the funding. Schedule pressures are likely to have a knock on impact on costs. Cost pressures regarding both Network Rail work and those delivered by Crossrail Ltd are being carefully monitored by both Sponsors (DfT and TfL) along with the project representatives through increased governance.
Sourcefile: IPA_2018.csv

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