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Written question asked by Richard Fuller (Conservative) on Monday, 8 June 2026, in the House of Commons. It was due for an answer on Thursday, 11 June 2026 (named day). A holding answer was provided on Thursday, 11 June 2026. A substantive answer was provided by Simon Lightwood (Labour) on Friday, 12 June 2026 on behalf of the Department for Transport.

Lower Thames Crossing

Question

To ask the Secretary of State for Transport, what assessment she has made of how long-term system risks, net present social value, and construction cost impacts of the Lower Thames Crossing will be distributed between road users, taxpayers, and private equity investors under the proposed licensing regime.

Answer

A robust assessment of private investment options has been undertaken for Lower Thames Crossing (LTC). This has included on the distribution of costs and risks between the different parties, as well as on longer term system risks and economic/ social benefits. The Regulated Asset Base (RAB) model has been chosen as it enables the private sector to deliver the scheme efficiently, reduces financial burden on taxpayers through enabling users to contribute to the costs, harnesses the benefits of private investment, and promotes the interests of users.

Secondary information

Type
Written question
Reference
7370
Session
2026-27
Subjects
Costs Lower Thames crossing
Contains statistics
Yes
Link
View this Written question on www.parliament.uk