matt_world2004
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http://diamondgeezer.blogspot.co.uk/2017/11/mayoral-decision-metropolitan-line.html
Diamond Geezer said:Short version: The Metropolitan Line Extension is doomed because costs have increased and there is no money.
Slightly longer version: Since taking over the MLX project, TfL has worked with the supply chain and Network Rail to progress the design and obtain market prices for delivery. The outturn cost of the project will be significantly in excess of £284.4m. The increased project costs weaken the MLX business case. The deteriorating business case and loss of its operating grant mean that TfL is no longer able to bear cost risk above the current £284.4m funding package.
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