H2 Posted October 11, 2011 Share Posted October 11, 2011 The BBC reports: "The latest cost estimate is ?776 million. Far higher than originally claimed for the entire network. Interest payments will take the total to more than ?1 billion." "Scotland's finance secretary, John Swinney MSP, has claimed he was "repeatedly misled" by TIE about its handling of the contractual disput" Tram Contractor "The vast majority of the risk was with Tie" BBC tonight 10.35. Link to comment Share on other sites More sharing options...
Sarah O Posted October 11, 2011 Share Posted October 11, 2011 Disgrace. Council should be shot. Link to comment Share on other sites More sharing options...
H2 Posted October 11, 2011 Author Share Posted October 11, 2011 There is a bit of a myth that we are getting 1/2 a tram line for twice the price. It's probably more like 1/3rd (a third) 33%. The first part to be dropped has been conveniently forgotten about. That bit that went from Granton to Haymarket. The relative perspective, looking proportionately is that to have completed the whole job, that was promised on time and on cost, would have been in the order of ?3bn and might have been completed in the year 2026. Link to comment Share on other sites More sharing options...
Jamboy81 Posted October 11, 2011 Share Posted October 11, 2011 It would be interesting to know how this cost compares to the DLR we have here in London. Anybody know? I'd say it covers an area roughly the size of Edinburgh, approx 50 stations, very convenient to use. I suspect it was probebly ore than ?1bn however they must be well on their way to making the money back on it. This tram farce is an absolute tragedy when you consider what else the cash could have been spent on. Link to comment Share on other sites More sharing options...
dobmisterdobster Posted October 11, 2011 Share Posted October 11, 2011 It would be interesting to know how this cost compares to the DLR we have here in London. Anybody know? I'd say it covers an area roughly the size of Edinburgh, approx 50 stations, very convenient to use. I suspect it was probebly ore than ?1bn however they must be well on their way to making the money back on it. This tram farce is an absolute tragedy when you consider what else the cash could have been spent on. Most of the line already existed before the DLR was built. Link to comment Share on other sites More sharing options...
IMA MAROON Posted October 11, 2011 Share Posted October 11, 2011 The BBC reports: "The latest cost estimate is ?776 million. Far higher than originally claimed for the entire network. Interest payments will take the total to more than ?1 billion." "Scotland's finance secretary, John Swinney MSP, has claimed he was "repeatedly misled" by TIE about its handling of the contractual disput" Tram Contractor "The vast majority of the risk was with Tie" BBC tonight 10.35. How much is that per mile? Link to comment Share on other sites More sharing options...
Jamboy81 Posted October 11, 2011 Share Posted October 11, 2011 Most of the line already existed before the DLR was built. Was it? What line? Not where I am. They're mostly overhead and too big to take full size trains. Link to comment Share on other sites More sharing options...
southside1874 Posted October 11, 2011 Share Posted October 11, 2011 http://www.telegraph.co.uk/news/worldnews/asia/china/8600749/China-to-open-Beijing-Shanghai-high-speed-rail-link.html Only ?21bn to build a high speed train in China. Link to comment Share on other sites More sharing options...
dobmisterdobster Posted October 11, 2011 Share Posted October 11, 2011 Was it? What line? Not where I am. They're mostly overhead and too big to take full size trains. Between Bank and West India Quay/Canary Wharf and maybe further on was built on the a old disused railway line that served the Docks back in the day. Obviously it's expanded a hell of a lot since then but they didn't start from scratch like the Edinburgh trams. I know ?1bn has been spent on the trams with not much to show for it but there are plenty of transport projects in London that dwarf them in terms of cost. Link to comment Share on other sites More sharing options...
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