§ Jon CruddasTo ask the Secretary of State for Transport when he will announce his review of the system for appraising new transport schemes; what the terms of reference are for the review; and when he hopes to complete the review. [98620]
§ Mr. JamiesonThe system for appraising new transport schemes is updated and revised periodically. At present, we are undertaking revisions to reflect the guidance in the Treasury's revised Green Book, "Appraisal and Evaluation in Central Government", published on 17 January 2003, and expect to issue these early in March 2003. We have undertaken research into assessing regeneration impacts following publication of the 1999 SACTRA (Standing Advisory Committee on Trunk Road Assessment) report, "Transport and the Economy". The results of Phase 1 of this work are published on the Department's website. We expect draft revised guidance on this topic to be issued in mid-2003.