Railways: Infrastructure
Lords · Question HL172 · Tabled 19 Jul 2024 · Department for Transport · Official record
Answered 31 Jul 2024
Question
Asked by Lord Bradshaw
To ask His Majesty's Government what plans they have to review the assessment criteria used to forecast the results of investment in railway infrastructure.
Answer
Answered by Lord Hendy of Richmond Hill, 31 Jul 2024
The Department has a long-standing and established appraisal framework within Transport Analysis Guidance (TAG), which is aligned with HM Treasury Green Book on conducting welfare-based cost-benefit analysis to support a business case. Whilst this framewo...