Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Bill for parliament restoration could hit £3bn

  • Comment

The restoration of parliament is likely to cost more than £3billion and could see MPs and peers move out of the aging building for five years

An independent report carried out by HOK, Aecom and Deloitte, which has weighed up the cost of three options for the repair works that are needed on the Palace of Westminster, has been now been completed.

The three options

  • Option 1 – continuing repairs and replacement of the fabric and systems of the Palace over an indefinite period of time
  • Option 2 – a defined, rolling programme of more substantial repairs and replacement over a long period, working around continued use of the Palace
  • Option 3 – moving parliamentary activities elsewhere while work is carried out over a more concentrated period of time

The £2million feasibility study has assessed the  costs, benefits, risks and feasibility of the three options.

The results of the report are not due to be published until summer 2015, and the decision on the preferred option not expected until spring 2016.

However, according to BBC Newsnight, the cost of the restoration, which was initially thought to be around £1.6billion, could rise to £3billion.

Richard Ware, the director of the restoration and renewal project, which was set up in October 2012 to produce an independent assessment of the cost of the work needed, would not confirm whether the BBC’s figures were correct.

A spokesperson for the restoration and renewal project was unable to say how much the restoration could cost and how long. But she added: ‘We do know the cost of the backlog of repairs alone is estimated at more than £1.2 billion so it would be safe to assume that the overall cost of the R&R Programme will be greater than this.’

It is also understood that independent quango, similar to the Olympic Delivery Authority, would be set up to manage the project.

The building, which has been home to the House of Lords since 1847 and the Commons since 1852 has had no major restoration since it was built and currently has an annual repair bill in excess of £30 million.

Work is not expected to start on the project until after 2020.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.

Related Jobs

AJ Jobs