PARLIAMENTARY WRITTEN QUESTION
Department for Transport: Grants (11 January 2016)

Question Asked

To ask the Secretary of State for Transport, how many grants his Department awarded to projects for which the range of values in the Department's benefit-cost ratio assessment included negative values in each of the last six years; and if he will make a statement.

Asked by:
Gareth Thomas (Labour)

Answer

Major transport schemes which are subject to ministerial approval include a value for money assessment in which benefits and costs are assessed. Since 2011 – the first year for which data is readily available – the Department has given final funding approval and awarded a grant to one major transport schemes whose costs exceeded its benefits:


- Sheffield Tram Train Pilot. Approval of this scheme was granted on the basis that it is a pilot designed to test the range of issues, costs and opportunities involved in introducing the tram train concept to the UK.



Answered by:
Sir Robert Goodwill (Conservative)
14 January 2016

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