§ 47. Mr. Sandysasked the Secretary of State for the Environment what is the estimated cost of the proposed new parliamentary building.
§ Mr. ChannonThe architects of the winning design now estimate the cost of the building at £9.5 million, with a tolerance bringing it up to £10.5 million to allow for unstable market and unforeseen ground conditions. In addition, there would be other expenditure, including items expressly excluded from the conditions of the competition, such as those430W required for the underground railway, plant, professional fees and site acquisition; and I estimate these to total about £20 million.