<page_title> Senedd </page_title> <section_title> Timeline of cost increases and time delays </section_title> <table> <cell> July 1997 </cell> <cell> c£12M </cell> <cell> 7 February 2006 </cell> <cell> £69.6M (final total cost) £49.7M (final construction cost) </cell> <cell> The project was 580% over budget compared with the original budget forecast in April 1997 (phase 1) and was four years and 10 months late. </cell> </table>
The cost of the Senedd increased from £12M in 1997 to £69.6M in 2006, an increase of 580%.