Sheffield to Rotherham tram-train is five times over budget, says NAO
Scheme now slated to cost at least £75.1m instead of planned £15m, but ministers have refused to pull plug
An experimental tram-train linking Sheffield and Rotherham has cost more than five times the agreed budget and is running almost three years late, with the government forced to compensate tram operator Stagecoach for the delays with a £2.5m payment.
A damning report from the National Audit Office found that the scheme is now slated to cost at least £75.1m, instead of the £15m budget initially agreed, after Network Rail’s costs soared.
Source: Guardian Transport