Lord Wigley
Main Page: Lord Wigley (Plaid Cymru - Life peer)Department Debates - View all Lord Wigley's debates with the Home Office
(9 years, 5 months ago)
Lords ChamberWe have of course noted the Welsh Government report but I do not agree with the noble Baroness. When the crossings were put together, particularly the second one, the financing necessitated operating the tolls to recover not only the maintenance costs but the ongoing costs. The concessions agreed at that time still need to be applied. Tolls need to be applied until the end of that concessionary period.
My Lords, does the Minister accept that employers and trade unions alike see these tolls as a direct tax on the Welsh economy that is militating against the economic development that is greatly needed? What is the Government’s estimate of the cumulative backlog of maintenance costs for the bridge? After the contract period is over, who will be responsible for paying for that maintenance?
The noble Lord raises a valid question about the issue of maintenance costs. It is estimated that by the end of the concessionary period, £88 million of the actual costs of construction will still need to be recuperated. On current estimates, on the basis of what is currently collected, a period of one to two years will be required after that concessionary period ends. There is no specific calculation with regard to maintenance costs.