How HS2 Limited fooled
parliament on costs
- Purported £1billion saving Meadowhall V M18
The Truth:
The actual figure was
£985m , however that was on the Consulted Meadowhall route v M18
in fact in 2015, HS2
Limited had refined the Meadowhall route saving £212m by scrapping
tunnels at Hoyland and contrary to claims in 2016, used this route as
the comparator rather than the Consulted Route.
This meant the actual
saving
Refined Meadowhall
Route V M18 was £773m
Cost assumptions
- Midland Mainline Electrification costs £300m
- Loop Line Upgrade £400m
- South Yorkshire Parkway £200m
So the real cost of the
M18 route is plus £127m more than Meadowhall on capital costs
Hidden Mitigation &
Engineering Costs
As local campaigners
have pointed out additional mitigation costs on M18 would involve
compensation, tunnelling and mining subsidence aleviation adding
hundreds of millions to this, - Crofton has asked for an 8km deep
tunnel to mirror the Chilterns Tunnel which would cost £1.6bn
So in reality the £ 1 Billion capital saving was actually £127m of additional cost