The government is preparing to cut back the content of its first five-year Road Investment Strategy (RIS), amid rising project costs and an unrealistic delivery timetable.
In echoes of the problems that have beset Network Rail’s current five-year investment programme, Highways England has estimated that the cost of the 112 enhancement schemes in the RIS, covering the five-years 2015/16 to 2019/20, exceeds the available budget by £800m.
The Office of Rail and Road (ORR)...
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