The benefit:cost ratio for the final section of A465 dualling scheme in South Wales does not need to factor in the costs of commercial borrowing, says the Welsh Government.
The Government intends to create a new model of Public Private Partnership called the Mutual Investment Model (LTT 11 Nov), which it will use to procure several projects, including the dualling of 11 miles of the A465 from Dowlais Top to Hirwaun. Construction cost is estimated at £428m in 2016 prices, excluding VAT and...
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