Parliament refurb chair defends potential 40bn costs
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Parliament refurb chair defends potential 40bn costs
"We're dealing with a building that's hundreds of years old that has not really had the attention that it deserves and that it needs for the last 50 years. The building isn't fit for purpose now, which is why the conversation is happening. The estimated cost did not seem like a completely ridiculous figure to him, given that 150 million a year was already being spent on trying to keep the thing standing."
"The project team has warned that delaying the restoration of the historic building, which costs 1.5m a week to maintain, would lead to an expensive managed decline of the Palace. One option would involve moving both MPs and peers out of the site for up to 24 years from 2032, under a refurbishment plan that could cost up to 15.6bn. A second, more expensive option involves moving only the House of Lords out of the building while works that could take 61 years and cost 39bn are carried out."
The chairman of the Restoration and Renewal Programme's delivery authority has defended a proposed £39 billion plan to refurbish the Houses of Parliament following Conservative concerns about escalating costs. The delivery authority evaluated 36 different options, narrowing them to two proposals: one involving relocating both MPs and peers for up to 24 years at a cost of £15.6 billion, and another moving only the House of Lords while conducting 61-year repairs costing £39 billion. The building currently requires £1.5 million weekly maintenance and £150 million annually to remain operational. Officials warn that delaying restoration will result in expensive managed decline. Conservative leader Kemi Badenoch has criticized the project as out of control, while the delivery authority emphasizes the building's age and decades of neglect necessitate comprehensive restoration.
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