HC Deb 28 February 1978 vol 945 c137W
Mr. Ron Lewis

asked the Secretary of State for Transport what is the COBA net present value-to-cost ratio on the North Devon link road proposal (a) before and (b) after the new revised traffic forecasts for use in COBA.

Mr. Horam

The review of the North Devon link road carried out in July 1977 was based on a Cost Benefit Analysis—COBA—net present value-to-cost ratio which was marginally positive. A revised COBA programme incorporating the new traffic forecasts is under preparation.