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
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
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