This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/scotland/6382177.stm

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
Parliament costs to be unveiled Cost of Holyrood project unveiled
(10 minutes later)
The final cost of the controversial Scottish Parliament building is set to be revealed. The final cost of the Scottish Parliament building at Holyrood has been put at more than £414m.
MSPs will be given a final report on what has become known as the "Holyrood Project". MSPs were given a final report on the "Holyrood Project" which showed that the final price tag was some £16m cheaper than expected.
Presiding Officer George Reid will also formally declare the project completed, ending a saga which haunted politicians and the construction industry. Presiding officer George Reid also announced that the building's contractors will not be sued over construction delays.
Building costs were recently put at £430.5m, but Mr Reid said he hoped the final figure would be below that. Building costs had recently been estimated at £430.5m.
The episode was blamed by critics for giving devolution a bad name in its formative years. Mr Reid said legal action would be taken to recover the costs of a broken beam in the main chamber.
The report means that the Holyrood project is now officially complete.
A White Paper published shortly after Labour's 1997 general election victory initially put the construction cost of a Scottish Parliament building at between £10m and £40m.A White Paper published shortly after Labour's 1997 general election victory initially put the construction cost of a Scottish Parliament building at between £10m and £40m.
Costs roseCosts rose
The following year, Holyrood was named as the site of the new parliament and the search began for a designer.The following year, Holyrood was named as the site of the new parliament and the search began for a designer.
By this stage, the cost had gone up to £50m. The same year also saw a decision to use the "construction management" method for the building, in which the client has full control but also carries all the risk.By this stage, the cost had gone up to £50m. The same year also saw a decision to use the "construction management" method for the building, in which the client has full control but also carries all the risk.
After the first Holyrood election in 1999, the then Scottish Office handed responsibility for the project over to the Scottish Parliament Corporate Body of senior MSPs.After the first Holyrood election in 1999, the then Scottish Office handed responsibility for the project over to the Scottish Parliament Corporate Body of senior MSPs.
The newly-elected parliament voted by 64 to 61 to continue with the project after First Minister Donald Dewar put the cost at £109m.The newly-elected parliament voted by 64 to 61 to continue with the project after First Minister Donald Dewar put the cost at £109m.
Systemic failuresSystemic failures
Costs rose, timetables were extended, MSPs came and went in the 2003 election, and still the building at the bottom of the Royal Mile was unfinished.Costs rose, timetables were extended, MSPs came and went in the 2003 election, and still the building at the bottom of the Royal Mile was unfinished.
Tory peer Lord Fraser conducted an inquiry into the saga, and found systemic failures but no single "villain of the piece".Tory peer Lord Fraser conducted an inquiry into the saga, and found systemic failures but no single "villain of the piece".
His inquiry cost £1m and sat for more than 43 days.His inquiry cost £1m and sat for more than 43 days.
MSPs finally moved into the new building in September 2004 and it was opened by the Queen the following month.MSPs finally moved into the new building in September 2004 and it was opened by the Queen the following month.
By then it was three years late and had cost about 10 times the original price tag.By then it was three years late and had cost about 10 times the original price tag.