Research and analysis

Economic case for the road investment strategy

Reviews the economic case for the road investment strategy and demonstrates its value for money.

• From: Department for Transport
• Published: 12 March 2015

Documents

Road investment strategy: economic analysis

PDF, 3.68 MB, 22 pages

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Details

This document presents the economic case for the ‘Road investment strategy’ (RIS). It covers:

• major schemes
• capital renewals
• network management and the traffic officer service
• ring-fenced budgets

Individual scheme modelling is presented and major schemes as a whole are also modeled using the National Transport Model. It considers monetised and non-monetised costs and benefits, benefit cost ratios and sensitivities in the estimates. It demonstrates a strong case for the RIS investment package.

The RIS was announced on 1 December 2014. It sets out how £15.2 billion of capital funding on the strategic road network will be allocated between 2015 and 2021.

Published 12 March 2015