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Explain low cost estimate for HS2 phase one, Berkeley asks Grayling

HIGH SPEED RAIL

13 April 2018
 

Phase one of HS2 will end up costing taxpayers more than twice as much as official estimates, according to a new assessment.

Quantity surveyor Michael Byng believes the London to West Midlands route will cost £51bn in 2015 prices, compared with the £24bn in 2013 prices quoted by the DfT. 

Byng had previously costed phase one at £48bn based on  HS2 Ltd design drawings from January 2013 (LTT21 Jul 17).  He has now increased the estimate to reflect revised project...

+80% more

 

 
 
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