1-Oct-2017

HS2 Expenditure

HS2 expenditure April 2016-March 2017

See this report for full details. Below is the summary table from the report. HS2 Ltd are spending £6.6m/week, over half on Project Management & Corporate Support costs. Bucks CC have been allocated £4m for road safety improvements, over the life of the project.

Annex A

HS2 Expenditure under Preparation Act
Year to 31st March 2017 Actual Budget Variance

£'000 £'000 £'000 %

A. Design Activity (inc PSC spend) 28,756 38,272 9,516 25%

B. Survey & Ground investigation 47,981 56,587 8,606 15%

C. Enabling / advance 83,564 83,885 322 0%

D. Project management 58,873 63,947 5,074 8%

E. Corporate support costs: 126,320 128,862 2,542 2%

F: Contingency 0 4,588 4,588 100%

Total HS2 Ltd 345,494 376,141 30,648 8%

Land & Property capital acquisitions (DfT) 191,500 394,000 202,500 51%

Total HS2 Programme 536,994 770,141 233,148 30%

Note: The numbers in Annex A do not always sum due to rounding

HS2 Expenditure under Preparation Act Year to 31st March 2017	Actual	Budget	Variance
	£'000	£'000	£'000	%
A. Design Activity (inc PSC spend)	28,756	38,272	9,516	25%
B. Survey & Ground investigation	47,981	56,587	8,606	15%
C. Enabling / advance	83,564	83,885	322	0%
D. Project management	58,873	63,947	5,074	8%
E. Corporate support costs:	126,320	128,862	2,542	2%
F: Contingency	0	4,588	4,588	100%
Total HS2 Ltd	345,494	376,141	30,648	8%
Land & Property capital acquisitions (DfT)	191,500	394,000	202,500	51%
Total HS2 Programme	536,994	770,141	233,148	30%