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Commentary Derek Halden
LTT858 29 November 2022
More Work is Needed on the Interactions between Appraisal and Investment - and explaining where the costs and benefits go
The need for a new look at the way transport investment is appraised will form an important element at the forthcoming Local Transport Summit in Cardiff – particularly given the Welsh Government’s recent significant revision of the WelTAG framework, departing from the DfT’s established TAG approach. In Scotland too, things are done differently. Derek Halden will be one of those speaking on this topic at the Summit and here he reviews recent application of the STAG framework and steps to get the economic and social assessment of transport schemes more in line with current priorities and values
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