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Reference:
2019/6081
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Question by:
Caroline Russell
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Meeting date:
21 March 2019
The Independent Investment Programme Advisory Group (IIPAG) report to the 6 March 2019 meeting of the Transport for London (TfL) Programmes and Investment Committee, stated at 4.2: “IIPAG has frequently found it difficult to get a clear view of the history of a programme’s or project’s EFC [Estimated Final Cost], why it has changed, how the EFC compares with relevant budgets, and especially in the case of sub-programmes, how expenditure is tracking against delivery.” An EFC is a crucial measure of investment and progress. Will you ensure that suitable information is provided to “decision makers and assurers for sub-programmes and...