Policy paper

HS2 Phase Two financial case

Financial case for the HS2 Phase Two route from the West Midlands to Leeds and Manchester, including the accelerated delivery of HS2 Phase 2a.

• From: Department for Transport and High Speed Two (HS2) Limited
• Published: 17 July 2017

This was published under the 2016 to 2019 May Conservative government

Documents

High Speed Two Phase Two financial case

PDF, 426 KB, 22 pages

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Details

This is the financial case for the HS2 Phase 2a route from the West Midlands to Crewe and the HS2 Phase 2b route from Crewe to Manchester and from West Midlands to Leeds.

The financial case sets out the long term affordability of the HS2 Phase Two programme, including:

• the transfer of scope and funding from HS2 Phase 2a to HS2 Phase 2b
• the latest cost estimate for HS2 Phase 2a and HS2 Phase 2b
• the benchmark target design cost for HS2 Phase 2a
• how costs and risks will be managed throughout the life of the project

The HS2 Phase Two financial case builds on the:

• HS2 Phase 2a financial case
• HS2 Phase 2b financial case

The HS2 Phase Two financial case forms part of the 5 part outline business case (OBC) for HS2 Phase 2a and strategic outline business case (SOBC) for HS2 Phase 2b. The other parts are:

• HS2 Phase Two commercial case
• HS2 Phase Two economic case
• HS2 Phase Two management case
• HS2 Phase Two strategic case

Published 17 July 2017