I share the dismay of the last editorial about the escalating cost of Network Rail enhancement projects (‘Rail costings off track’).
You wondered whether these cost increases might also afflict HS2. HS1 was reported as being delivered on time and on budget. Is there a different cost risk profile for projects with a higher new build content compared with the high retro-fit content in enhancement projects?
Has any analysis been done of HS2 content compared to HS1, to allay...
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