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<p>In 2015, in response to cost increases and schedule delays on aspects of Network
Rail’s investment programme, Sir Peter Hendy was asked to replan the programme in
a way that was both affordable and deliverable.</p><p> </p><p>In response to the recommendations
of the Bowe Review into the planning of the current rail investment period, Network
Rail have undertaken an Enhancements Improvement Plan which has strengthened, among
other things, cost estimation, project and portfolio monitoring, project delivery,
and project governance.</p><p> </p><p>Four electrification projects were deferred
on the Great Western Programme in autumn 2016 in order to address cost pressures within
the current rail investment period covering 2014-2019 and to bring forward delivery
of infrastructure that will allow passengers to benefit from further service improvements.
We will continue to assess all elements of the Programme to ensure they remain deliverable
and affordable.</p><p> </p><p>Network Rail are delivering the Great Western electrification
programme to the revised schedule set out in the Hendy Review.</p>
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