Authority Approval:

The Finance and Policy Committee is asked to exercise the authority delegated by the Board to approve: 1. unbudgeted Financial Authority of £42.4m, Project Authority of £52.4m and Procurement Authority of £40.96m (in respect of TfL’s contribution to Network Rail STAR costs): 2. TfL’s entry into arrangements with the Greater London Authority (GLA) for the GLA’s transfer of £31.26m of capital funding to TfL as a contribution to the EFC; and 3. TfL’s entry into a contribution agreement with Network Rail (NR) for the provision of a £40.96m contribution towards NR’s STAR costs.

Outputs and Schedule:

The project will extend the third tracking of the West Anglia Main Line (WAML) from Stratford – Tottenham Hale through to Angel Road. This infrastructure will enable the delivery of up to 8,500 new homes and up to 3,500 new jobs by providing the infrastructure capability required to support a four trains per hour (tph) all station service between Stratford – Angel Road, which currently operates a two tph semi-fast service. The operation of the additional services is outside the scope of the project. Works are scheduled to be completed by December 2018