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Written question asked by Ken Purchase (Labour) on Tuesday, 9 January 2001, in the House of Commons. It was due for an answer on Tuesday, 16 January 2001. It was answered by Keith Hill (Labour) on Tuesday, 16 January 2001 on behalf of the Department of the Environment, Transport and the Regions.


Dept of the Environment Transport and the Regions

Question
To ask the Secretary of State for the Environment, Transport and the Regions, what quantitative evidence he has to show that the benefits of the planned multi-modal interchange at Wolverhampton Railway Station will exceed the costs; and if he will publish his evidence. - Inc fact that copy of the appraisal in Library. (Dep 01/141).
Answer

Mr. Purchase: To ask the Secretary of State for the Environment, Transport and the Regions what quantitative evidence he has to show that the benefits of the planned multi-modal interchange at Wolverhampton Railway Station will exceed the costs; and if he will publish his evidence. [144930] Mr. Hill: The Wolverhampton Town Centre Access scheme was proposed as part of the West Midlands Local Transport Plan in July 2000. The scheme was provisionally accepted for funding in the recently announced local transport capital settlement on the basis of the appraisal information provided with the Plan. We have indicated that the appraisal requires some more work. However, it demonstrates that the present value of benefits that can be expressed in monetary terms are of the order of £22 million compared with present value costs of £9 million. There are other benefits that have not been expressed in monetary terms. I have made arrangements for a copy of the appraisal to be placed in Library.


Secondary information

Type
Written question
Reference
361 c192W; 144930
Session
2000-01
Subjects
Costs Finance Railway stations Transport Wolverhampton
Link
View this Written question on www.publications.parliament.uk