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Crossrail: Expenditure

Volume 496: debated on Wednesday 9 September 2009

To ask the Minister of State, Department for Transport how much his Department has spent on preparation for Crossrail; and what estimate he has made of (a) the likely expenditure by (a) June 2010 and (b) any required expenditure after June 2010 in the event that the project is cancelled. (290635)

Expenditure on preparation for Crossrail prior to the signature of the core agreements for the scheme in December 2008 was £175 million. This figure includes the costs incurred by Crossrail Ltd in support of the Crossrail Act 2008 and related agreements, and the Department for Transport's financial, legal and technical consultancy fees in support of the parliamentary process and agreements.

By June 2010 it is estimated that expenditure by Crossrail Ltd in support of the delivery of the project will have reached £1,550 million. This includes the costs of land and property expenditure and the costs of consultancy services procured by the Department to support the programme.

There are no precise estimates as to how much expenditure would be required if the project were to be cancelled; this is contingent on a number of different factors, including contractual commitments and potential income from land no longer required.

Crossrail Ltd is jointly funded by the Department and Transport for London.