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MPs’ inquiry into transport project overspend
An influential group of MPs has launched an inquiry into the delivery of major transport infrastructure projects to understand why some schemes like Crossrail and HS2 have seen “dramatic” cost increases.
The Transport Committee said it was undertaking its inquiry
after billions of pounds of investment was committed to the UK’s transport
infrastructure in 2020.
The inquiry will consider transport infrastructure strategy
and priorities; the appraisal and funding of transport infrastructure;
oversight, accountability and governance of transport infrastructure projects;
factors influencing the cost and capacity and skills required to deliver the
infrastructure plans.
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It will also look at the extent to which the coronavirus
pandemic will affect the necessity and cost-effectiveness of current and future
major transport infrastructure projects.
Chair of the Transport Committee, Huw Merriman, said: “A
vast amount of spending has been promised by the government to boost the
economy and ‘level up’ across regions and nations. The 2020 budget promised
£640bn of investment for projects across the UK, boosted by a further £5bn to
support economic regeneration after the coronavirus pandemic. Most recently,
the 2020 Spending Review and the National Infrastructure Strategy committed
billions of pounds of investment in transport infrastructure, and particularly,
road and rail projects.
“The hefty price tag on these transport infrastructure
projects brings an equally hefty responsibility on the Department for Transport
to ensure the money is spent fairly and projects are managed and delivered
well. This work will be set against a backdrop of the coronavirus pandemic
which has raised questions about the continued value of some major transport
projects. The government is also reviewing its guidance on best-practice
appraisal, known as the Green Book.
“Given the scale of the funding and the breadth of the
projects, this could be a time of tremendous opportunity for the Department for
Transport. The Transport Committee is keen to glean an insight to Government
thinking and practice on what could be a new era for transport infrastructure -
if delivered well.”
The Transport Committee is calling for written evidence on
all or some of the following terms of reference. The closing date is January
15, 2021.
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