Crossrail costing £30m a week as delays continue

Grant Prior 6 years ago
Share

Crossrail bosses cannot confirm a revised opening date for the delayed project as construction costs continue to mount up at £30m a week.

New chief executive Mark Wild said previous management had been "overwhelmed"
New chief executive Mark Wild said previous management had been "overwhelmed"

Chief executive Mark Wild told the London Assembly Transport Committee that there are “thousands of hours of construction work still to be done.”

He said construction work on the stations is now scheduled to be completed this summer before full fit-out work and testing of the line gets underway.

The scheme is currently £2.5bn over budget and a new opening “window” will not be outlined until next month.

Wild said: “By the end of July we are looking for major construction work and wiring testing at the stations to be completed.

“We will then hope to have an opening window by the end of quarter one, but I have no idea how wide that window will be.”

The committee heard how the previous Crossrail management team had bungled initial system integration and testing on the route which was started too early alongside live construction work.

Wild added that the previous executive team had “been overwhelmed by the complexity of the task” of building Crossrail.

A number of former executives were paid hundreds of thousands in performance bonuses as they continually insisted the project was “on time and on budget”.

Wild took over as Crossrail chief executive in November when he discovered construction work on none of the stations was near completion and extra funds needed were £2.5bn rather than previous estimates of £300m.

 

Latest news

Alun Griffiths to “restructure and resize” after £95m loss

Redundancies due to be announced at Welsh civils contractor
19 hours ago

Fire safety project approval delays hit Van Elle profits

Piling specialist also reviews future of Canadian operation amid fresh economic uncertainty
2 hours ago

JRL Malaysian backers plan £150m London city office refurb

Ardmore set to deliver landmark 25 Finsbury Circus building overhaul
2 hours ago

500-home block to replace 19 storey Sutton office tower

Landmark project to deliver 312 Build to rent and 195 co-living homes
3 hours ago

Building envelope specialist Bailey buys Comar

Specialist now offers complete building envelope solutions
3 hours ago

Subcontractors wanted for work across Wales

Big name buyers at latest Constructionline event: Register now
2 hours ago

Balfour Beatty profit dented by £83m building safety hit

Increased order book at £18bn secures growth over next two years
1 day ago

Expanding utilities specialist Ipsum buys Matrix Power

Power engineering contractor takeover will strengthen offer in North East
1 day ago

Historic scaffolding firm files administration notice

Hertfordshire based Rodells has been trading since 1898
1 day ago

Planning Bill to have “seismic” impact on construction

Building-boosting reforms go before Parliament
2 days ago

Briggs & Forrester hits record revenue and orders

M&E specialist rebounds with strong growth across three divisions
1 day ago

Man Utd confirm plan for £2bn ‘super-tent’ stadium

Club to press ahead with 100,000-seat 'Wembley of the North'
2 days ago

Government spending keeps profits edging-up at Kier

91% of work now with public sector and regulated companies
2 days ago

Costain on track for step change to 5% margin

Alex Vaughan says order book has jumped £1.5bn to £5.4bn
2 days ago

Mace tops February contracts league

Confirmation of £300m London Victoria Street project lifts firm to pole position
2 days ago

Wates raids Laing O’Rourke for new construction operations chief

George Mosey leaves Laing O'Rourke after 16 years
3 days ago

Travis Perkins CEO Pete Redfern steps down due to ill health

Redfern joined builders' merchant last year after 14 years at Taylor Wimpey
3 days ago

Morgan Sindall wins £61m Liverpool lab scheme

Construction to start this Autumn on latest Knowledge Quarter project
2 days ago

Glencar to build timber-framed office block

Work to start next month on 79,200 sq ft scheme in Maidenhead
3 days ago

Shed specialist Marbank files administration notice

£67m turnover portal-framed building specialist files court notice
3 days ago

Birmingham council submits £1bn Druids Heath plan

High rise estate to be replaced by-3,500 home eco village
3 days ago

Cannabis farm gang posed as utilities contractor

Gang jailed for 28 years after diverting power to more than 100 cannabis farms
6 days ago

Firm fined after workers climb scaffold without ladder

HSE investigation prompted by death on Liverpool site
3 days ago

Clancy renews £250m Southern Water deal

Contractor vows to maximise value for money and minimise disruption
3 days ago

McLaren go-ahead for 314 flats Watford scheme

Police station and magistrates court to be demolished
3 days ago

Former Liverpool mayor charged in building contracts probe

Construction bosses also charged as part of Operation Aloft
6 days ago

Bidding to start for £700m Irish sea interconnector work

Work includes converter stations at Hunterston and Kilroot near Belfast
6 days ago

Muse to redevelop Durham County Hall HQ site

Morgan Sindall regen specialist seals another major development deal
6 days ago

Mace to transform Imperial College Great Hall

Work to start next month on ambitious refit
6 days ago

£100m plan to regenerate former Digbeth ironworks

Hartwell unveils 260,000 sq ft office and 240 homs plan
6 days ago

Contractor services