§ Dr. MarekTo ask the Secretary of State for Transport what information and details of specifications for new 71W investment on (a) rolling stock and (b) locomotives are required by and sent to his Department for consideration before approval is given for capital expenditure to be incurred.
§ Mr. David MitchellBR's investment submissions to Ministers are supported by copies of the appraisals BR uses for its own internal consideration of proposals. These normally include an analysis of the problem identified and the objective of the investment; a business background; a description of options; major assumptions and inputs; a financial evaluation (including sensitivity tests); and non-financial considerations.