Major Projects - Page 33

NAO says experience of IEP and Thameslink shows negotiating the terms of private finance can take significantly longer than currently allowed in HS2 schedule

HS2 Ltd says that while many challenges remain, the project is on track to deliver its strategic scope and be constructed to budget.

HS2 will have a major impact on the existing rail system, says the National Audit Office.

HS2 is on target to achieve Royal Assent by December, which the NAO describes as a “significant achievement” for one of biggest bills ever considered.

HS2 Phase 1 costs exceed available funding, according to National Audit Office. But, if all predicted cost savings are made, it could come in under budget.

Construction of Phase 1 of HS2 will allow rail industry to evaluate how capacity freed up on the southern section of the West Coast Main Line should be used.

Crossrail Non-Executive Chairman Terence Morgan CBE was made a Knights Bachelor in the Queen’s Birthday Honours.

Murphy Group says it has introduced “new thinking and innovation” on the 3km (1.8-mile) Crossrail tunnel under the River Thames from Plumstead to Woolwich.

A final decision on the route of Phase 2 of High Speed 2 will be made in the autumn.

Martin Brown has been appointed health and safety director at Crossrail Ltd.