08-11-2019 10:05 via feedproxy.google.com

Crossrail warns of more delays and cost overuns

Crossrail has advised TfL that there are some projected delays in the opening of the Elizabeth line and it is likely that additional funding would be required, and that the opening date is being pushed back.
The latest projections now show a central cost forecast (including risk contingency) of approximately £15,363m, which is £400 million more than the funding committed under the exisiting Financing Package.
Further modelling scenarios are also warning of the risk of even higher lev
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