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The DfT’s appraisal revamp: welcome, but there’s more to do

David Metz: Centre for Transport Studies, Univesity of London, London
20 May 2011
 

The DfT’s requirement for project promoters to set out the strategic case for investments in its new prioritisation process is a welcome advance.  The new Early Assessment and Sifting Tool should also be helpful in identifying how options impact on matters such as the economy, the delivery of housing, carbon dioxide emissions, the regions, regeneration and socio-distribution.

The economic case for schemes remains, however, focused on travel time saving as the main monetary benefit,...

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