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08 February 2019 17:30

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Edinburgh tram extension cost soars to £207m

The Champions League returns to Roma's calendar next week, which means we may see some turnover in the Roma ranks for Friday's match at Chievo. De Rossi will need to be monitored, as naturally he is still not at 100%, but Juan Jesus is back and will travel with us."#ASRoma #ChievoRoma pic.twitter.com/IzV2fgnQHA — AS Roma English (@ASRomaEN) February 7, 2019 It was initially estimated this would cost £165m but a final business case for the project now states it will be £207m, including a contingency fund. Council leader Adam McVey said: "Edinburgh has a fantastic public transport network but we need to extend the tram to build on our first-class, fully-integrated transport system. "The final business case before us now is the result of a huge amount of work by the project team to produce a strong business case for taking trams to Newhaven which - crucially - does not divert funding from other council services. "Having developed the case further and gone through the tender process, we now have much greater certainty of the total project cost - following industry guidance, learning the lessons from the previous project and taking a thorough, diligent and prudent approach to risk management.

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Edinburgh Trams extension to cost more than £200m

Although the details of the final business case are not being revealed to the public until it is considered by the council's transport committee on 28 February, the council has said it can be built within a budget of £196m - an increase from the initial £165m estimation. Taking into account lessons learnt in the first phase of the tram project, construction is planned using a "one-dig" approach - closing each work site only once and opening them again only once all works are complete. Deputy council leader, Councillor Cammy Day, said: "A tram to Newhaven would not only provide a direct link for the people of Newhaven and Leith to the city centre and out to the airport, but would connect residents and visitors to major employment and travel hubs along the route." The extension of the Edinburgh Tram line to Newhaven is expected to cost more than £200 million, it has emerged. Councillors will begin examining the final business case (FBC) after a special data room was opened at the city chambers on Friday. Councillors will begin scrutinising the Final Business Case for taking trams to Newhaven, ahead of their final decision in March: pic.twitter.com/wvfgCNPTPJ — The City of Edinburgh Council (@Edinburgh_CC) February 8, 2019 Edinburgh City Council say the project would be funded through future tram fare revenues and a special dividend from Lothian Buses.

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Mr McVey added: "Having developed the case further and gone through the tender process, we now have much greater certainty of the total project cost – following industry guidance, learning the lessons from the previous project and taking a thorough, diligent and prudent approach to risk management. Controversial plans to take trams to Newhaven will carry a £207m price tag - with the final business case costs soaring by an extra 25 per cent. City councillors will get their first chance to examine the confidential final business case today (8) at a "special data room" at City Chambers - before the full council decides whether or not to approve the extension on 14 March. Although the details of the final business case are not being revealed to the public until it is considered by the transport and environment committee on February 28, the council says it can be built within a budget of £196m. Council leader Cllr Adam McVey said: "Edinburgh has a fantastic public transport network but we need to extend the tram to build on our first-class, fully-integrated transport system.

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He added: "Having developed the case further and gone through the tender process, we now have much greater certainty of the total project cost – following industry guidance, learning the lessons from the previous project and taking a thorough, diligent and prudent approach to risk management. "All councillors will be taking the opportunity to examine in detail the final business case and associated documents in detail so that we can collectively make as informed a decision as possible come 14 March. As well as the council taking more risk into account following the problems with the first phase of the tram project, market pressures partly led by the downfall of Carillion have added to the projected construction costs. Taking into account lessons learnt in the first phase of the tram project, construction is planned using a "one-dig" approach - closing each work site only once and opening them again only once all works are complete. Depute council leader, Cllr Cammy Day, said: "A tram to Newhaven would not only provide a direct link for the people of Newhaven and Leith to the city centre and out to the airport, but would connect residents and visitors to major employment and travel hubs along the route.

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Newhaven tram extension costs increase ahead of March decision While initial tenders for the project estimated it would cost £165m, a final business case (FBC) now states it will be £207.3m, with the inclusion of a contingency fund. The FBC sets out the robust strategic, economic, financial, commercial and management case for lengthening the tram line by 2.8 miles (4.6km) from the city centre to Newhaven. Today's news is that the FINAL BUSINESS CASE FOR TAKING TRAMS TO NEWHAVEN is now READY FOR COUNCILLOR SCRUTINY AHEAD OF MARCH DECISION. The council already took the decision to investigate the business case for taking trams to Newhaven, they have held public consultation on the route and stops, and now it is time for councillors to get the chance to ask questions and pore over the plans. The project cost and timescales are also included in the information which councillors will use to make their final decision when the proposal goes to Council on 14 March.

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The data showed that the project is more likely than not to be delivered within budget, but they also recommended that the Council considers providing an additional risk allocation of up to £50m for all eventualities. "The Final Business Case before us now is the result of a huge amount of work by the project team to produce a strong business case for taking trams to Newhaven which – crucially – does not divert funding from other Council services. "Having developed the case further and gone through the tender process, we now have much greater certainty of the total project cost – following industry guidance, learning the lessons from the previous project and taking a thorough, diligent and prudent approach to risk management. Depute Council Leader Cammy Day said: "A tram to Newhaven would not only provide a direct link for the people of Newhaven and Leith to the city centre and out to the airport, but would connect residents and visitors to major employment and travel hubs along the route. Since councillors approved the updated Outline Business Case in September 2017, the Trams to Newhaven project team has undertaken a huge programme of work to refine the plans in response to community and stakeholder needs and views, with more than 8,000 pieces of feedback received during extensive public consultation in 2018.

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The opening of the data room marks the beginning of the final decision-making process on the Edinburgh Tram York Place to Newhaven project, which completes the originally envisaged Phase 1a of the Edinburgh tram network. A further report on the award of the 'swept path' and infrastructure and systems contracts will go to Finance and Resources Committee on 7 March 2019, followed by the final decision on taking trams to Newhaven by the City of Edinburgh Council on 14 March.

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