Rolling Stock: Procurement

(asked on 12th July 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to the Answer of 8 July 2021 to Question 27274 on Rolling Stock: Procurement, what estimate he has made of the trajectory of whole life rolling stock leasing costs on train fleets ordered since February 2016; and if he will make a statement.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 19th July 2021

In line with our published guidance on how to assess costs and benefits of government schemes and policies, DfT consider a whole life asset approach for estimating rolling stock appraisals.

The Department’s value for money framework for completing assessments and communicating to decision makers can be found at the following link: https://www.gov.uk/government/publications/dft-value-for-money-framework.

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