Select Committee on Transport, Local Government and the Regions Appendices to the Minutes of Evidence


Supplementary memorandum by the Joint Special Railway Administrators (PRF 49A)

  Railtrack's current estimate for the East Coast Main Line upgrade project cost is £4 billion plus a contingency for undefined and unforeseen risk. This is on the basis that the development levels are at 1 or 2. You will recall from my evidence given to the Select Committee, that the development levels are indicative of the work carried out, level five would provide a greater deal of certainty.

  The project consists of a number of improvements to eliminate blockages and increase capacity by 50 per cent for passenger trains and 80 per cent for freight trains by 2011. This has been undertaken through the improvement of track structure, power supply and flyovers. The client for development work is the SRA.

  I understand that progress today is in line with anticipated timescales.

  Work is carrying on to reach full agreement on scope with the SRA, to achieve Transport and Works Acts' consents that are required and to plan positions and network changes as are necessary.

  However, the scope of the work is being reviewed and will be determined by the SRA. The SRA will also decide who will take the project forward and how it will be financed.

  If you require any further information please do not hesitate to contact me.

M D Rollings

For and on behalf of Railtrack plc

Joint Railway Administrator

15 November 2001


 
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