You are currently browsing the daily archive for 14/07/2018.

From a correspondent

Last year, Highways England  sought advisors on  private finance for ‘project delivery’ of the A303 Stonehenge Tunnel and the Lower Thames Crossing projects.  Project Manager Derek Parody has claimed that potential contractors are nervous about the risk of tunnelling at Stonehenge.

Hardly surprising, perhaps, there has been no news of private finance offers so far.

Now the Government’s Public Administration and Constitutional Affairs Committee has called for a moratorium on new private finance schemes and a Treasury review of the financing arrangements for these two roadbuilding schemes, “to ensure private finance represents best value for money in these cases.”  Really? So where else is the money coming from?

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