The Government’s latest range of estimated costs for Phase 1 is £35–45 billion (2019 prices).12 For Phase 2a the range is £5.2–7.2 billion (2019 prices). The latest updated 6 Committee of Public Accounts, High Speed 2: Spring 2020 update, Third Report of Session 2019–21, HC 84, 17 May 2020, conclusions 1 and 2; para 6; HM Treasury, Treasury Minutes, CP 270, July 2020 7 Qq 5–6 8 Qq 5, 15, 17 9 Written statement to Parliament, HS2 6-monthly report to Parliament: March 2021, 23 March 2021 10 Q 1...

The Government’s latest range of estimated costs for Phase 1 is £35–45 billion (2019 prices).12 For Phase 2a the range is £5.2–7.2 billion (2019 prices). The latest updated 6 Committee of Public Accounts, High Speed 2: Spring 2020 update, Third Report of Session 2019–21, HC 84, 17 May 2020, conclusions 1 and 2; para 6; HM Treasury, Treasury Minutes, CP 270, July 2020 7 Qq 5–6 8 Qq 5, 15, 17 9 Written statement to Parliament, HS2 6-monthly report to Parliament: March 2021, 23 March 2021 10 Q 10 11 HS2 Ltd told us that the two-year commissioning period does not have a separate cost attached as it is time- based cost for the combination of contr Type: conclusion | Number: 8 | Response status: under_consideration