Timeline of Cost Increases and Time Delays
The cost of the Senedd increased from £12M in 1997 to £69.6M in 2006, an increase of 580%. In a report published in March 2008 by the Wales Audit Office, the reason for the difference between the two costs were that the original estimate of £12M was not based on any detailed design of the final requirements of the building. Extra costs of the building were due to unforeseen security measures after the September 11 attacks in the United States.
After the project was stopped in 2001, the contract for the construction of the second phase of the building used a fixed-price design and build contract, which meant that the National Assembly had a much tighter control of costs than they had in the first phase.
| Construction period |
Date | Cost | Estimated completion date |
Notes | ||
|
|
July 1997 | c£12M | April 2001 | The first estimate by the Welsh Office in the A Voice for Wales white paper. | ||
| 16 October 1998 | £11.6M (total) £8.4M (construction) |
RRP estimated cost at time of the design selection process. | ||||
| January 2000 | £22.8M | Revised estimate by RRP after changes to the design of the building by the National Assembly. | ||||
| March 2000 | £26.7M | January 2003 | Estimate produced by Turner and Townsend for the National Assembly. | |||
| May 2001 | £37M – £47M (total) £28M (construction) |
Estimate from a 3 day workshop by the National Assembly and all contractors involved in the project. | ||||
|
|
September 2001 | July 2004 | ||||
| January 2003 | £29.3M (construction) | Estimate from Taylor Woodrow, Schal and Northcroft, which was based on an incomplete design. | ||||
| 30 May 2003 | £41M (construction) | August 2005 | Tender submission by the Taylor Woodrow Strategic Alliance Partnership after value engineering. | |||
| July 2003 | £66.1M (total) £48.2M (construction) |
The final construction lump sum offer made by the Taylor Woodrow Strategic Alliance Partnership. | ||||
| 7 February 2006 | £69.6M (total) £49.7M (construction) |
Completion date | The total project cost, including £7.5M from phase 1. | |||
| 1 March 2006 |
The project was 580% over budget compared with the original budget forecast in April 1997 (phase 1) and was four years and 10 months late. The project was 5.5% over budget from the lump sum offer made by Taylor Woodrow in July 2003 (phase 2) and was six months late due to ICT problems. |
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In 2008, two years after the Senedd was opened, the cost of repairs to the building had reached £97,709. Repairs have been for windows, doors, plumbing and electrics. A spokesman for the National Assembly said, "The repair figures are not excessive for a public building that has hundreds of thousands of visitors each year. The costs are within estimated levels and covered by existing budgets."
Read more about this topic: Senedd
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