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*all works built for double track but a single line of rails costing £389,690, and
*earthworks for two thirds of the line, and tunnels, for single line; underbridges (other than viaducts and bridges over streams) for single line with foundations for double line costing £363,690.
==1858-1861==
:''Main article: [[Construction of the Severn Valley Railway]]''
On 20 February 1858 the Board accepted the lowest cost option, subject to Shareholder approval which was granted at a special meeting on 26 February. The Abandonment Bill was therefore withdrawn, while the Bill to extend the time allowed for completion was enacted on 23 July 1858, setting a new deadline of 23 July 1861. Following the passing of that Act, construction began in early August. By that time the Company had reached agreement with the OW&W that the latter would run and maintain the new line for a period of 5 years following completion.
On 21 July 1859 two Acts of Parliament were passed relating to other nearby railways, both of which had received the support of the Company. The [[Wyre Forest Line|Tenbury Railway]] between Woofferton and Tenbury was seen as the first stage of a future link to Bewdley, while it was hoped that the Much Wenlock and Severn Junction Railway (which would join the SVR at [[Buildwas]]) would bring limestone traffic to the SVR.<ref>Marshall (1989), p.41.</ref>
On 5 April 1860 a meeting was held to consider two Bills before Parliament. One was for the [[Wyre Forest Line|Tenbury & Bewdley Railway]], to which the Company agreed to contribute £7,000. That Act was passed on 3 July 1860. The other enabled the OWW to take on the lease of the Severn Valley Railway. This was enacted by the SVR (Leasing) Act on 14 June 1860; two days later the West Midland Railway Act authorised the amalgamation of the OWW and other railways into the West Midland Railway Company.<ref name=Marshall44>Marshall (1989), pp.44-45.</ref>
The first mention of a [[Wolverhampton#Proposed Railways between Wolverhampton and Bridgnorth| proposed railway between Wolverhampton and Bridgnorth]] was made at a Board meeting on 20 June 1860.<ref name=Marshall44/> Although the Severn Valley Railway was still under construction at the time, the SVR and WMR also prepared the first plans for the [[Kidderminster Loop Line]] during 1860.
==See also==
*[[Severn Valley Railway Company Limited]] (1967 onwards)
*[[The Severn Valley Railway under GWR/BR ownership]]
*[[Construction of the Severn Valley Railway]]
