NIC kicks time savings out the park with new urban appraisal method

The National Infrastructure Commission is proposing a new method to determine transport infrastructure funding allocations between cities, which could also be used to appraise individual projects. Andrew Forster reports

There is no “perfect way” to measure a city’s transport capacity, says the NIC

There is no “perfect way” to measure a city’s transport capacity, says the NIC

How should the Government decide how much transport capital grant different urban areas receive? A per capita allocation may seem the fairest way, but the National Infrastructure Commission has come up with a  method based on transport capacity and prospects for economic growth.   

“The approach could become a useful tool to help allocating development funding to cities,” says the Commission’s report, Capturing the value of urban transport investments. It says...

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