London Tram Shemes

Meeting: 
MQT on 2002-05-22
Session date: 
May 22, 2002
Reference: 
2002/0213
Question By: 
Valerie Shawcross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What process would you follow in determining the relative economic case for the London Tram scheme serving Lambeth, Southwark and Camden with the proposed Uxbridge road tram?

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Answer

Answer for London Tram Shemes

Answer for London Tram Shemes

Answered By: 
The Mayor

I understand that in evaluating the light transit projects, TfL has been concerned to ensure that all 4 schemes are appraised on an equal footing. To this end they have developed a very comprehensive evaluation framework incorporating a wide range of criteria. All 4 schemes have scored well against this framework. In terms of economic impact which you have raised, the Uxbridge Road Scheme known as West London Transit has a benefit to cost ratio of around 3.8 while that for the London Tram / Cross River Transit is around 1.7. .