RTM Volume 4 - Rapid Transit Planning and Finance
The process of developing proposals for a rapid transit scheme is a lengthy and complex one, not to be embarked upon lightly. But how does it work, and what are the stages that scheme promoters have to go through? How do authorities obtain powers to build systems, and - perhaps more importantly - how do they raise the money?
The answer to these questions - and many more - can be found in the Rapid Transit Planning and Finance volume of Rapid Transit Monitor.
This 55-page volume takes you through the process in a series of simple steps, illustrated by charts.
We also provide an overview on the whole question of finance: where can it come from, and how you can construct a package. How does the private sector calculate its contribution to these schemes, and how do their banks work out the sums they're prepared to lend.
We describe:
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the planning process from pre-feasibility to starting the work
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the funding structures that have been adopted, and where we are today
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review the prospects for the future, especially the requirements of the Government's new Transport Innovation Fund - the cornerstone of former Transport Secretary Alastair Darling's strategy for the future of local transport
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describe the processes behind the Transport and Works Act 1992, with a listing of all applications for rapid transit projects and their current status
This volume is available as part of the main publication, or can be digitally downloaded as a single volume after credit card payment via our on-line shop. For more details of this service, click HERE .