Spiraling costs of railway infrastructure projects are starting…

Spiraling costs of railway infrastructure projects are starting…
Spiralling costs of infrastructure projects on Britain’s railways risk harming the value for money of future operating franchises, the National Audit Office (NAO) has warned.An NAO report said that issuing contracts that protect operators from reduced revenue during major work – which happened during the redevelopment of London Bridge station – reduces returns to the taxpayer.It said the Department for Transport (DfT) must judge how to maximise returns while keeping train services…

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Author: Western Daily Press