Highways Agency

(asked on 21st October 2014) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what estimate he has made of the total of each cost heading for transfer of the Highways Agency to a government-owned company.


Answered by
John Hayes Portrait
John Hayes
This question was answered on 24th October 2014

The Government has published an Impact Assessment detailing the estimated cost of roads reform and transforming the Highways Agency into a Strategic Highways Company. We have estimated these costs as a one off transitional cost of £11 million (the cost of necessary reform to Department for Transport, Highways Agency, the monitor and watchdog) alongside average annual costs of £10 million going forward; this will generate an estimated annual benefit of £380 million.

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