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DfT seeks monetised values for highway maintenance benefits

ROAD MAINTENANCE

Andrew Forster
29 November 2013
Maintenance: benefit:cost ratios
Maintenance: benefit:cost ratios

 

The DfT has appointed consultants to develop a tool for monetising the benefits of  spending on local road maintenance outside London.

“The project aims to establish a toolkit that can be used to test the implications of different degrees of current spending levels on the future trajectory of network condition, spending requirements and wider impacts,” explains the DfT.

It says the work will enable an estimate to be made of the value for money of different spending options,...

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