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Cost of Holyrood project unveiled | |
(10 minutes later) | |
The final cost of the Scottish Parliament building at Holyrood has been put at more than £414m. | |
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 also announced that the building's contractors will not be sued over construction delays. | |
Building costs had recently been estimated at £430.5m. | |
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 rose | Costs 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 failures | Systemic 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. |