Bechtel bill for Crossrail work hits £531m

Grant Prior 3 years ago
Share

Payments to Crossrail delivery partner Bechtel have passed the half-a-billion pounds barrier.

Figures in the latest National Audit Office report on the project show that between the start of the contracts in 2009 and 31 March 2021 Crossrail Ltd has paid £531m to Bechtel.

The project management specialist’s original contract was valued at £400m.

Consultant joint venture Transcend – made up of Aecom, Jacobs and Nichols Group  – has also been paid £127m up to March in its role as programme partner.

The latest NAO progress report puts the latest Crossrail final cost estimate at £18.9bn after the impact of Covid-19 added another £289m to the bill.

The full extent of cost hikes on 19 of  the project’s 36 main construction works contracts was also confirmed as per the table below:

Major construction work is complete but train testing is already slipping behind schedule.

Gareth Davies, the head of the NAO, said: “Crossrail was further from completion than anyone understood when the Department, TfL and Crossrail Ltd reset the programme in 2019. The problems we identified in our previous report have been difficult to address and have continued to affect the programme.

“There are now encouraging signs that Crossrail is in a more stable position. However, it will require further funding to complete, and there are still significant risks that must be managed as the Elizabeth line undergoes operational testing.

“As the Elizabeth line nears the start of services in 2022, TfL and government must think through how to realise the benefits of the railway in order to maximise the return on almost £19 billion of investment.”

To read a full copy of the report click here.

 

Latest news

Expanding consultant Stantec swoops for Hydrock

Stantec UK business expands by a third as 950 staff join from Bristol-based engineer
11 hours ago

National Grid unveils winners for £9bn network upgrade

New 'enterprise model' to deliver infrastructure schemes quicker and cheaper
13 hours ago

Chigwell Group looks at stock market listing

Essex contractor registers as Public Limited Company
19 hours ago

A57 Mottram Bypass clears final legal challenge

Balfour Beatty to get go-ahead to start shortly
20 hours ago

100 jobs axed as Geoffrey Osborne confirms administration

Chairman Andrew Osborne calls it a 'sad day' as board loses fight for survival
2 days ago

Midgard set for Notting Hill office tower overhaul

Landmark project edges towards final approval after 10-year planning saga
19 hours ago

Cumbrian civils firm clinches £40m Sellafield contract

Civils specialist Stobbarts will support McAlpine on groundworks and concrete
18 hours ago

Designers named for London 2000-bed student rooms job

Bouygues will build £400m London School of Economics student scheme next to Tate Modern
19 hours ago

£117m-turnover contractor files administration notice

ARJ Construction lodges court notice
2 days ago

£1bn London Blackfriars tower blocks approved

Trio of buildings rising to 45, 40 and 22 storeys approved by Southwark Council
2 days ago

Council decides to end Balfour deal after 13 years

Contractor has been maintaining roads across Herefordshire since 2013
2 days ago

Six civils clients to switch to low carbon concrete and steel

National Highways, Northumbrian Water and Sellafield sign fresh decarbonising pledge
2 days ago

Fortem extends homes repair deal across Birmingham

Willmott Dixon owned firm adds another two years to deal worth £170m
2 days ago

Kier wins £118m civil service Darlington hub

Work is expected to start towards the end of this year
3 days ago

Green light for 34-storey Digbeth apartments tower

480 flats will be delivered for Clarion housing association
2 days ago

LHC starts race for major retrofit and decarb framework

Hunt starts for firms to help with 6.1m social homes upgrade target
3 days ago

Windows giant Everest crashes into administration

Around 350 jobs at risk while hunt starts for a buyer to salvage business
3 days ago

Green light for £500m Newcastle health complex

Mixed use scheme will promote healthy living across all stages of life
3 days ago

Olympian Homes gets go-ahead for Bristol’s tallest building

Work on student and co-living towers to start this summer
3 days ago

ISG gets nod to start £20m Glamorgan school job

Ysgol y Deri specialist needs school is to built at Cosmeston, near Penarth
3 days ago

Walker Modular lands £5m bathroom pod contract

Specialist to work with Graham and Watkin Jones on major build-to-rent scheme

Banned building boss jailed for fraud

Court hears how disqualified director siphoned off cash from new housing company
3 days ago

Osborne staff start looking for new jobs

"Open to Work" flags appear on LinkedIn profiles
6 days ago

Plan rejected for 42-storey tower above historic building

Councillor describes as ludicrous plan to build 300 flats above Georgian mansion
6 days ago

Ventilation deal could hike product prices for contractors

Watchdogs at CMA launch probe after duct firm acquires rival
6 days ago

Tide gets go-ahead for London 412 student flats scheme

Volumetric developer secures planning for West Ealing project
6 days ago

Green light for £75m Friar Gate Goods Yard in Derby

Construction set to start this summer on revamp of historic buildings
6 days ago

Robertson to deliver £45m Newcastle NHS Trust works

Capital works will be focused on Freeman Hospital and the Royal Victoria Infirmary sites
6 days ago

Winners named for £2bn Healthy Homes framework

CHIC reveals line-up of over 40 firms for net zero and building safety works
6 days ago

Plan lodged for tallest skyscraper outside London

Developer Salboy submits plan for 76-storey Manchester resi tower
7 days ago

Contractor services