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Volume 697: debated on Monday 10 December 2007

asked Her Majesty's Government:

What is the breakdown of capital cost estimate for Crossrail for (a) central tunnel and stations including south of the Thames; (b) Great Western Main Line works; (c) Great Eastern Main Line works; and (d) rolling stock. [HL16]

Around 15 per cent of the budgeted £15.9 billion capital cost of Crossrail is related to the works on the Great Western and Great Eastern Main Lines, excluding the depot at Old Oak Common. The current intention is that rolling stock will be supplied through a lease arrangement and it is therefore treated as an operating cost outside of the capital cost budget.

asked Her Majesty's Government:

What assurances have been given to those companies committed to providing private sector funding for Crossrail in respect of frequency of train services; and [HL18]

What government guarantees, if any, have been given to those companies committing to contributing to the funding of Crossrail. [HL19]

I refer the noble Lord to the Written Statement made by the Secretary of State on Monday 26 November (Official Report, cols. WS 133-4). Detailed negotiations with a number of third parties are continuing. Details of any such assurances will be issued when those negotiations have been completed. Any government guarantees or other contingent liabilities will be reported to Parliament in the normal way.