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.

Cost rise fails to dent controversial road’s BCR

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09 August 2013
Hastings: protest continue
Hastings: protest continue

 

Environmental groups have criticised the Treasury’s project appraisal rules after discovering that the £13m cost increase to East Sussex County Council’s controversial Bexhill-Hastings link road has not affected the project’s value for money assessment.

The DfT has told the Campaign for Better Transport that the recalculated benefit:cost ratio for the scheme remains 1.5:1 despite the cost increase because Treasury rules deduct sunk costs from the BCR calculations. East...

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