Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

DfT confirms new travel time values for project appraisal

New values of travel time savings will alter transport scheme appraisal results. Andrew Forster reports

19 August 2016
Continuous function and the four distance bands for car employers’ business trips
Continuous function and the four distance bands for car employers’ business trips
Continuous function and the four distance bands for rail employers’ business trips
Continuous function and the four distance bands for rail employers’ business trips

 

Significant changes to the values of travel time savings used in transport scheme appraisal have been confirmed by the DfT. The changes follow a consultation last autumn, which drew on new research by consultant Arup, the Institute for Transport Studies at the University of Leeds, and consultant Accent (LTT 13 Nov 15). 

A key change is the switch to a ‘willingness to pay’ approach for valuing time savings for business travellers. Until now, business values have been based on...

+97% more

 

Healthy Streets Traffic Engineer Technical Lead x2
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
BG13 £45,718 - £48,710
Healthy Streets Traffic Engineer Technical Lead x2
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
BG13 £45,718 - £48,710
Healthy Streets Senior Traffic Engineer
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
£37,336 to £39,186
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020