Source · Select Committees · Public Accounts Committee
Recommendation 11
11
TfL told us that further funding may not be needed if the railway is opened...
Conclusion
TfL told us that further funding may not be needed if the railway is opened earlier and everything goes to plan.29 By July 2021, Crossrail Ltd expected to have updated its plans to reflect progress and risks remaining, which would inform its range of potential opening dates and costs.30 This has been delayed by up to two months.31 Funding
Government Response
Not Addressed
HM Government
Not Addressed
1.4 Crossrail Ltd is taking steps to deliver Crossrail within the available funding. Crossrail’s current forecast is currently £151 million above the £825 million funding package agreed in December 2020. The programme remains within the £1.1 billion of additional funding identified as necessary by the outgoing Crossrail board announced in August 2020, which the Commissioner has committed to staying within.