The Department for Transport (the department) jointly sponsors, with Transport for London, the Crossrail programme. This will deliver a new railway beneath central London, which will be known as the Elizabeth Line. New rail services will operate on the line between Abbey Wood and Shenfield to the East of London, and Heathrow and Reading in the West.
The programme involves complex engineering works, a new fleet of trains and the appointment of a private operator. Crossrail Limited, a wholly owned subsidiary of Transport for London, is delivering the programme, with Network Rail undertaking work on existing surface tracks.
Crossrail has been subject to cost and schedule pressures. In July 2018, the government announced that the overall funding for the project had increased by £600 million to £15.4bn, and the department later agreed to make £350 million of short term finance available to Crossrail Ltd. In August, Crossrail Ltd announced that the opening of the central section will be delayed from December 2018 to Autumn 2019.
Our investigation will examine the causes of the cost increases and schedule delays, the terms of the additional funding, and the governance and oversight of the programme. We will also examine the steps being taken by Crossrail Ltd, TfL, and the department to minimise the impact of the cost increases and delays.