Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

RIS2 ‘is good value’

Roads

12 June 2020
 

The second Road Investment Strategy for England represents high value for money, says a DfT report published this week. 

RIS2 covers the five-year period 2020/21 to 2024/25 during which Highways England will spend £27.4bn on the operation, maintenance, renewal and enhancement of its network.

The report says the overall package of spend offers high value for money (a benefit:cost ratio of between 2 and 4). The operations, maintenance and renewals expenditure represents very high value (a BCR?of over 4), the enhancement schemes collectively are high, and the designated funds collectively are  high/very high.  

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