A new tool for assessing the value for money of low-cost public transport improvements such as bus priority, real-time information and park-and-ride schemes has been developed for the Passenger Transport Executive Group (pteg).
Pteg hopes the simplified appraisal framework (SAF) will strengthen the evidence base for projects costing less than £5m, which in England are generally funded from the integrated transport block (ITB) that local authorities receive from the DfT.
The ITB was...
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