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The Crossrail programme – Europe’s biggest infrastructure project, is now over 85 per cent complete. With the new Elizabeth line railway set to open through central London in December 2018, the programme is running on time and on schedule to be delivered within its £14.8 billion budget.
All of the permanent Elizabeth line track has been installed throughout the central section. With the track fully laid, the £14.8 billion project has entered a new phase as construction trains are now able to travel the full length of both new tunnels from end to end.
Crossrail is a 118-kilometre (73-mile) railway line under development in London and the home counties of Berkshire, Buckinghamshire and Essex, England.
Crossrail Limited, established in 2001, is the company that has been set up to build the new railway that will become known as the Elizabeth line when it opens through central London in 2018.
It is a wholly owned subsidiary of Transport for London (TfL) and is jointly sponsored by TfL and the Department for Transport. Once the railway is complete it will be handed over to TfL and run as part of London’s integrated transport network.
Funding For the Project:
Following the Comprehensive Spending Review in October 2010, a funding envelope of £14.8 bn was agreed to deliver the Crossrail scheme in its entirety.
The key elements of the funding package are as follows:
The Mayor of London, through Transport for London (TfL) and the Greater London Authority (GLA), will contribute £7.1bn. This includes a direct contribution from Transport for London of £1.9bn and contributions raised through the Crossrail Business Rate Supplement (BRS), section 106 and the Community Infrastructure Levy (CIL).
Crossrail farepayers will contribute towards the debt raised during construction by TfL.
Government will contribute by means of a grant from the Department for Transport of £4.7 billion during Crossrail’s construction.
London businesses will contribute £4.1bn through a variety of mechanisms, including the BRS.
Over 60% of Crossrail’s funding will come from Londoners and London businesses.
Network Rail will undertake works costing no more than £2.3bn to the existing national rail network raised through projected operating surpluses from the use of Crossrail services.
There are also considerable additional financial contributions from some key beneficiaries of Crossrail:
- The construction of Crossrail is part funded by the City of London Corporation, which has agreed to make a direct contribution of £200m and in addition will seek contributions from businesses of £150m, and has guaranteed £50m of these contributions.
- Heathrow Airport Holdings Ltd has agreed to a £70 million funding package.
- Canary Wharf Group has agreed to contribute £150m towards the costs of the new Canary Wharf Crossrail station at Canary Wharf. Canary Wharf Group will also design and build the new station.
- Berkeley Homes has agreed to construct a station box for a station at Woolwich.
The £14.8 billion funding envelope for the project is a fully inclusive cost, allowing for both contingency and expected inflation.
Crossrail Jobs Opportunities and Supply Chain:
Over the course of the project, we expect there to be at least 75,000 opportunities for businesses, generating enough work to support the equivalent of 55,000 full time jobs.
It’s not just London and the South East that will benefit from Crossrail. Firms right around the country and of all sizes are winning business
96% of contracts have been awarded to companies based within the UK.
Since the construction of the new railway began in 2009, over 15,000 men and women have worked on the project and over 100 million working hours have been completed. Over 1,000 apprenticeships have also been delivered by the Crossrail programme.
Click here to check all current job opportunities at Crossrail!
Timeline for the introduction of Services:
The trains will start operating in five phases:
- June 2017: Liverpool Street to Shenfield (TfL Rail)
- May 2018: Heathrow to Paddington (mainline platforms) (TfL Rail)
- December 2018: Paddington (Elizabeth line platforms) to Abbey Wood, through the new central tunnels
- May 2019: Paddington (Elizabeth line platforms) to Shenfield
- December 2019: Full through service (including Elizabeth line services to Reading)
Watch Videos on Crossrail Project:
Current Status of the Project:
10th May 2018:
Transport for London (TfL) has begun operations at a new, purpose-built train depot at Old Oak Common in a major delivery milestone for London’s new railway, the Elizabeth line. The depot will house and maintain up to 42 of the Elizabeth line’s 70 new trains at a time. The maintenance infrastructure at Old Oak Common will play a critical role in the day-to-day operation of the Elizabeth line when it launches in seven months’ time, helping to transform travel across London and the South East. Read more…
24th May 2018:
The first footage of the new Elizabeth line trains being tested in the tunnels under London has been released, along with new construction progress images. The footage and images highlight the huge amount of work taking place beneath the streets of London in preparation for the opening of the Elizabeth line in December. Read more..
Credits: London Crossrail Official Website