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The Deputy Prime Minister, John Prescott, reassured 22 of the survivors and bereaved that the government has set aside the cash, which he has pledged in Parliament to spend as part of a 10-year plan.
Transport Minister Lord Macdonald told the BBC's Today programme on Tuesday that money was no object to setting up the best train protection system.
But survivors had feared that a stop-gap system likely to be chosen would prove so expensive that plans to introduce a better system would be shelved.
 It is the timing of this, when it will eventually happen, that we are concerned about  |
Pam Warren |
A report from engineer Sir David Davies earlier this year claimed the Train Protection Warning System (TPWS) could be introduced more quickly than the more sophisticated Automatic Train Protection (ATP) system that Paddington survivors favour.
Both systems would reduce the number of trains going through red lights - the cause of the Paddington crash.
The �60bn is enough to pay for both the TPWS, which would cost about �300m, and the ATP, which is priced at between �1bn and �2bn.
 Survivor Pam Warren |
After the meeting, the 33-year-old said: "We know that money is no object - but it is the timing of this, when it will eventually happen, that we are concerned about."
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