2019 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: 2019 (data is from Sept 2018)
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): Red
DCA text: In August 2018 Crossrail Limited (CRL) announced that the opening of the tunnel section through central London would be delayed from December 2018. A combination of inter-connected factors caused the delay including late delivery of critical infrastructure and more time needed to complete all of the necessary train and systems testing and assurance processes. Crossrail Ltd (CRL) are continuing to assess how the schedule can be optimised to best accommodate the remaining works as part of a revised programme for opening. In response sponsors have taken action in the following areas: • governance and finance reviews by KPMG and implemented 125 recommendations • the composition of the Crossrail Board (new chairman and deputy chairman, additional non-executive directors) • the Crossrail executive team • the Project Representative (P-Rep) • additional Sponsor Board members
Start date: 2008-07-22
End date: None
Schedule text: In August 2018 Crossrail Limited (CRL), a wholly owned subsidiary of TfL, announced that the opening of the tunnel section through central London would be delayed from December 2018. A new Chairman and Chief Executive have since been appointed at Crossrail Limited. On 25 April 2019 CRL released a new plan to complete the outstanding works and bring the line between Paddington and Abbey Wood into passenger service at the earliest possible date. Due to ongoing uncertainties, CRL identified a six-month delivery window with a midpoint at the end of 2020, although stated that Bond Street is unlikely to open at this time. Further work is now underway to develop a robust opening plan for the full railway including all through services and an earlier introduction of services between Paddington and Reading (Stage 5A) from December 2019 to build up train reliability and mileage.
Baseline: £466.75m
Forecast: £1,089.20m
Variance: 133.00%
Variance text: This constitutes the funding for the project as a whole. Schedule pressures have had a knock on impact in terms of quantum and timing. 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.
Whole Life Cost: £15,474.61m
WLCost text: The original anticipated cost was previously estimated at £14.8bn. This included funding for both CRL (£12.5bn) and Network Rail (NR; £2.3bn) who are delivering the national rail network ‘On-Network Works’. In July 2018, DfT and TfL announced additional funding would be made available to both CRL (+£300m) and NR (c.£290m), increasing the available funding to £15.4bn. In December 2018, following recommendations made by KPMG, the Department has agreed a financing package with TFL, GLA and CRL to complete the project via a loan of up to £1.3bn to the Greater London Assembly (GLA). The GLA will also provide a £100m cash contribution. Final costs are yet to be confirmed so a £750m contingency arrangement has also been agreed between TfL and the Department in the event that further finance is required. The combined total of the financing arrangements outlined above means that the overall funding envelope for the project is now £17.6 billion. Risk also remains around the works being carried out by NR on their sections of the network but any further funding requirements will be managed within NR’s own internal budgets.
Sourcefile: None

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