Highways Agency plans revealed

Highways Agency plans revealed

The Highways Agency is to be turned into an independent public sector corporation with a £50Bn budget for roads investment over the next 15 years, according to government plans released for consultation. 

 

Efficiency gains are to shave some £2.6Bn from costs over ten years and the new organisation – already being dubbed Network Road – will be overseen by a regulatory body – already being called Off Road. Government hopes to launch the new ‘Network Road' next year following consultation that will last until 20 December, with final plans announced in spring.

 

Roads minister Robert Goodwill said the planned investment was the biggest ever in the roads network. He said: “Efficiency savings are there to be made, but to secure these means changing how our motorways and trunk roads are managed and maintained.”

 

The Institution of Civil Engineers welcomed the news. Director General Nick Baveystock said the proposals could end the stop-start investment approach that has bedevilled the roads sector, which saw a 41% fall in road construction and maintenance last year, with a forecast 18% fall for 2013. He said: “The supply chain also has a key role to play now in preparing for the changes and building its capacity.”

 

The consultation paper says five year guaranteed investment plans would allow construction companies to reduce costs by £49M a year on capital maintenance and renewal and by another £57 M a year on resource management and operations.

 

The new organisation would remain accountable to Parliament and to the Secretary of State for Transport, with freedom in making operational decisions but not granted any more sweeping powers to determine the direction of roads policy by, for example, introducing tolls on existing roads.

Please rate

Comments 

Ctrl + Enter

Most Read

How candidates can approach recruiters and land that job!

How candidates can approach recruiters and land that job!

If you go to a career fair, there are bound to be tons of recruiters and eager students vying for limited positions. However, the big question is, how do you stand out from the other multitude of job seekers?   It is true that not everybody is great at networking and not everybody knows how

How to make giant strides in the water industry

How to make giant strides in the water industry

A cumulative total of 44 billion pounds will reportedly be spent by water companies in England and Wales over a management period that spans over a five-year period up till 2020. It is expected that midway through this management period; several water companies would have enough capital to execute

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.