Project developer has spent $36 billion on the continuing London-Birmingham phase and $2.2 billion on canceled phases. Closing down canceled work will add another $130 million.
The project was budgeted to cost $57 billion at 2019 prices, but an executive says poor planning and construction cost inflation are impacting the price.
But the megaproject's current chances of successful delivery was rated "unachievable" by the government's Infrastructure and
Projects Authority in its recent annual review.
A 525-ft-long sliding girder, originally built for a Hong Kong project, will place around 1,000 concrete elements of a 2.1-mile viaduct for a new high-speed railroad.