§ Sir W. Davisonasked the Minister of Transport whether he can now state the estimated total cost of pulling down Waterloo Bridge and erecting a new bridge in its place, including the cost of the proposed roundabout where the traffic from the new bridge enters the Strand; what is the amount of the total sum involved which is to be provided by the Government and what by the London County Council; and how do these figures compare with the original estimates submitted to Parliament?
§ Captain WallaceThe estimated total cost of the works referred to by my hon. Friend is £3,116,330, made up of £285,000 for the demolition of the old bridge, £902,330 for the erection of the new bridge and £1,929,000 for the roundabout. Of this total £1,929,798 is to be provided by the Government and £1,186,532 by the London County Council.
When the London County Council (Money) Bill was before Parliament in the Session 1934–35, the estimated cost of pulling down Waterloo Bridge and erecting a new bridge in its place was given as £1,295,000, with an indication that the actual expenditure would probably be £100,000 less than that sum.