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National Audit Office says final cost of HS2 unknown

National Audit Office says final cost of HS2 unknown

A National Audit Office (NAO) review of HS2 high-speed railway has concluded that the department of transport and HS2 Ltd underestimated the risks and complexity of the project, leading to “optimistic” estimates of its budget and delivery dates. It says that original calculations for the ambitious programme were based only on a basic design and in comparison to very different high-speed rail projects elsewhere around the world. Had these risks been recognised from the outset, the NAO believes efforts to understand and contain cost increases over the past year may have been avoided.

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