Lower Thames Crossing
Commons · Question 7812 · Tabled 8 Jun 2026 · Department for Transport · Official record
Answered 15 Jun 2026
Question
Asked by Joe Robertson
To ask the Secretary of State for Transport, if she will implement a framework of mandated annual updates to Parliament on project progress and forecast outturns for the Lower Thames Crossing following its transition to a Regulated Asset Base model.
Answer
Answered by Simon Lightwood, 15 Jun 2026
The Regulated Asset Base (RAB) model will allow for a regulated private entity to finance, build, operate, and maintain the Lower Thames Crossing under long-term oversight by an independent regulator. The regulator will ensure transparency, fair pricing f...