Transport: Finance
The question
To ask the Secretary of State for Transport, what criteria her Department uses to assess the value for money of devolved transport funding allocations to mayoral combined authorities.
Answered by Lilian Greenwood
Mayoral Combined Authorities (MSAs) in receipt of devolved City Region Sustainable Transport Settlements (CRSTS) and Transport for City Regions (TCR) settlements are required to assess the value for money of schemes against Green Book guidance as part of their business case development. In addition, certain schemes that reach defined thresholds are retained with additional scrutiny provided by the Department.
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