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Old 10th July 2008, 06:55 PM   #1 (permalink)
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Default (Croxley) Rail link cost spirals

On Jul 10, 2:51 pm, johnnyburk...@ wrote:
> From eWatford Observer 10/07/08
>
> Rail link cost spirals
>
> 5:10pm Thursday 10th July 2008
>
> The cost of the Croxley Rail Link has soared to almost £150m after
> years of government indecision and battles against red tape.
>
> However, the on-again off-again saga appears back on track after the
> scheme was this week backed to receive a £120m investment.
>
> The rail link, which will extend the Metropolitan Line into Watford
> Junction, was priced at £66m in 2006.
>
> Just one year later, the scheme is now estimated to cost close to
> £150m, if completed by 2014.
>
> The rail scheme will, however, only be given the go-ahead if £119.5m
> is invested by the Department for Transport (DfT).
>
> This week, the project received a huge boost after it was backed by a
> transport panel at the East of England Regional Assembly (EERA) on
> Tuesday.
>
> The regional assembly has rated the scheme as a “priority” in its list
> of transport policies.
>
> Furthermore, it has now recommended the government contributes the
> £119.5m towards the costs.
>
> Hertfordshire County Council has already guaranteed the remaining
> £25.8m for the rail link.
>
> The news means that after years of battling through red tape and
> against several public departments at once the rail link’s business
> case will again be sent to the Department for Transport, where the
> project will be decided.
>
> Mayor of Watford, Dorothy Thornhill, said the process was now about
> getting “all our ducks lined up in a row”.
>
> She said: “What this means is the East of England Regional Assembly
> sees this as an important project.
>
> “If it didn't say that then central government would not take it
> seriously.
>
> “It is a small milestone and we just welcome every little milestone
> that gets us nearer.”
>
> She added she has written to Mayor of London, Boris Johnson, to get
> Transport for London to back the scheme.
>
> .................................................. ......
>

Well, I suppose, that is sort of good news!
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