| answer text |
<p>By spring 2014, as Network Rail began to develop designs for its enhancements to
a greater level of maturity, it identified increases in cost forecasts on some of
the major electrification schemes and discussed these forecasts with the Department
for Transport (DfT) and the Office of Rail and Road (ORR). Very few of the schemes
had passed through the ORR’s regulatory process to ascertain their efficient price
by this point in time, so the forecasts remained indicative.</p><p> </p><p /> <p>
</p><p /> <p> </p><p /> <p> </p><p /> <p> </p><p /> <p>In light of this emerging picture,
last summer Secretary of State for Transport asked Network Rail as a matter of urgency
to provide an update on forecast costs across the whole programme, working with the
ORR and DfT officials.</p><p /> <p> </p><p /> <p> </p><p /> <p> </p><p> </p>
|
 |
