The continuing emphasis given to benefit:cost ratios (BCRs) in transport appraisal and decision-making leads project promoters and their consultants to abuse the system by artificially boosting BCR values, the Transport Planning Society has told the DfT.
“The real world production of BCRs is seriously flawed,” says the TPS, adding that, at an appraisal conference this summer, “practitioners made wry comments about how they had to work very hard to achieve their...
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