The cost of the Croxley Rail Link could be closer to £300 million, it has emerged.

Last week, Watford’s MP Richard Harrington claimed he has been “clearly told” Transport for London is taking over the project- a claim disputed by TFL.

But today Hertfordshire County Council said it may have to contribute more money towards the scheme as discussions between the authorities continue.

Councillor Terry Douris, executive member for Highways and Waste Management said: "Following a number of meetings at very senior level, London Underground has indicated it would be willing to take the lead on this project.

"This would include them taking responsibility for all the risk, which is important.

After the meeting, Councillor Douris said: "What we have done is put in a mechanism to work with partners to achieve the Croxley Rail Link".

Any agreement for Transport for London to take over the Croxley Rail Link would be subject to the agreement of the budget for the scheme.

Council documents state: “LUL has recently undertaken a further review of scheme costs as part of its work considering the delivery model options.

“Emerging forecasts from that review indicate the LUL estimate of out-turn cost is between £285 million and £298 million.

“This cost range is greater than HCC’s estimate of £249 million.”

“At present there remains a gap between the proposed budget and the resources currently available from all partners.”

Councillor Nigel Bell, Labour representative for West Watford said: “As the local member for the West Watford area that will see the building of the two new stations, I just want to see clarity on if and when we are finally going to get the project going.

More to follow.