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Proceeding contribution from Theresa Villiers (Conservative) in the House of Commons on Thursday, 3 June 2010. It occurred during Adjournment debate on Crossrail.


Crossrail

As I have said, we support Crossrail and are committed to it. The project is going ahead. It is vital to ensure that all assumptions about the risk that the scheme involves are tested rigorously by Crossrail Ltd to ensure that those risks are properly identified and reflected in cost estimates, and so that sensible steps can be taken to reduce them. The latest innovative value engineering techniques have the potential to reduce costs significantly, and Crossrail Ltd has already been able to identify 18% savings in overall indirect costs through measures such as reducing administrative and staff costs and renegotiating IT contracts.


Secondary information

Type
Proceeding contribution
Reference
510 c695 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Cost effectiveness Capital investment Elizabeth line High speed trains Public transport Railways Woolwich
Link
View this Proceeding contribution on www.publications.parliament.uk