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News category: Economics / Appraisal / BCR

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Local Transport Today
In brief
A new methodology for prioritising pedestrian crossing requests has been introduced by the City of Edinburgh Council. Locations are currently... continue
Local Transport Today
In brief
Ethics don’t often feature explicitly in transport appraisal but there’s an interesting example of them in the DfT’s impact... continue
Local Transport Today
Phil Goodwin
Phil Goodwin
Optimism bias arises because promoters of all types of big infrastructure schemes underestimate the building costs, sometimes cynically in order to... continue
Local Transport Today
Regular news
Hard shoulder running (HSR) on sections of the M25 around London will deliver high value for money according to appraisals published by the Highways... continue
Local Transport Today
Letters to the editor
Graham Nalty, Derby
Professor Stephen Glaister of the RAC Foundation lays far too much faith in the value and credibility of imprecise benefit:cost ratios. I have always... continue
Local Transport Today
Letters to the editor
James Drummond, CEO?and president, Invensys Rail Group, Chippenham, Wiltshire
I read with interest the comments from Stephen Glaister at the RAC Foundation when launching his organisation’s report on rates of return from... continue
Local Transport Today
Letters to the editor
Philip Bisatt, Taunton, Somerset
Articles in your last issue cast doubt on the value for money and ‘green’ credentials of rail projects compared with roads. I think that... continue
Local Transport Today
Letters to the editor
Mike Crowhurst, Chairman, Rail Future, Leeds
John Dodgson’s report for the RAC Foundation prompts several questions. First, how has he treated the vexed question of revenue from fuel tax,... continue
Local Transport Today
Letters to the editor
Eric Miller, Melton Mowbray, Leicestershire LE13
Has anyone compared the benefit of reducing the number and/or severity of road casualties expected to result from lower speed limits, with the user... continue
Local Transport Today
Viewpoint
NATA Refresh: Appraisal for a Sustainable Transport System is the latest in a stream of documents produced by the Department for Transport following... continue
Local Transport Today
Viewpoint
Keith Buchanon
The DfT has now released the first installment of the ‘refresh’ of NATA (New Approach to Appraisal), which was originally introduced in... continue
Local Transport Today
John Dales
John Dales
This month, as quite often, there were a couple of ideas vying with one another to see the light of print in this column. Given that they relate to... continue
Local Transport Today
Articles
The key recommendation of a new report into multimodal travel time variability commissioned by the DfT is that: “There is a need for a major... continue
Local Transport Today
Letters to the editor
Peter Headicar, Department of Planning, Oxford Brookes University
An aspect of the NATA refresh exercise that has not received the attention it deserves is the dropping of ‘Integration’ as one of the... continue
Local Transport Today
Main editorial comment
Andrew Forster
The DfT’s review of the New Approach to Appraisal (NATA) was a drawn out affair that, when it was first announced in May 2007, seemed to be... continue
Local Transport Today
Sub story to regular feature
Public transport schemes could become more attractive investments for Government as a result of a change to the way taxation revenues are treated in... continue
Local Transport Today
Sub story to regular feature
Plans to assess the social impacts of transport schemes must be complemented by training for project appraisal teams, researchers... continue
Local Transport Today
Sub story to regular feature
Placing a monetary value on the landscape impact of a transport scheme has moved a step closer with publication of the second phase of a three-part... continue
Local Transport Today
Regular feature
Andrew Forster
To assist project promoters and appraisers the DfT has decided that changes to NATA will be made on one day each year. On 6 April this year the... continue
Local Transport Today
Sub story to regular feature
Andrew Forster
Agglomeration impacts are only likely to be significant if the transport scheme serves defined urban areas, according to new draft guidance on... continue
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