Department for Transport written question – answered at on 3 September 2024.
To ask the Secretary of State for Transport, what estimate her Department has made of the potential (a) cost of and (b) return per pound spent on each scheme in the (i) Strategic Road Network and (ii) Major Road Network and Large Local Major Programmes (A) that is at (1) planning and (2) construction stage and (B) the cancellation of which was announced by the Chancellor of the Exchequer in her statement on Spending inheritance on 29 July 2024.
The total estimated cost of committed schemes in the Roads Investment Strategy (RIS) at planning stage (excluding Lower Thames Crossing) is £8.5 billion, and for schemes under construction the total is £4.1 billion. The total estimated cost of the schemes in the Major Road Network (MRN) and Large Local Major (LLM) Programmes at planning stage is £6.2 billion and for schemes under construction the total is £1.2 billion. The value for money of the enhancement schemes in the second RIS programme (RIS2), including those already completed, is estimated to be “medium”. Based on an average of the available data, the indicative value for money of the MRN/LLM programme is estimated to be “high”.
For the RIS schemes cancelled in the Chancellor of the Exchequer’s statement the details are as follows:
Scheme | Estimated capital cost | Value for Money |
A303 Stonehenge | £2349m | Low |
A27 Arundel | £630m | Low |
A27 Worthing and Lancing | £26m | n/a |
Value for Money information for A27 Worthing and Lancing is unavailable as the precise scope of the scheme had not yet been determined.
No schemes in the MRN/LLM programme were cancelled in the Chancellor’s statement.
Yes5 people think so
No1 person thinks not
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