HC Deb 28 March 1994 vol 240 c507W
Mr. Cohen

To ask the Chancellor of the Exchequer if he will make a statement on the Treasury requirements as to the cost-benefit analysis of new road proposals.

Mr. Portillo

The Treasury requires that new road proposals should provide good value for money. Treasury guidelines on the appraisal of public sector capital projects are set out in the publication "Economic Appraisal in Central Government: A Technical Guide for Government Departments".