Research that examines how public and private financing options should be treated in economic transport appraisal.
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The treatment of privately financed procurement in economic appraisal
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This research examines how economic appraisal and cost-benefit analysis should treat privately financed public infrastructure.
how to compare public and private financing options consistently
whether changes in accounting treatment should affect transport appraisal results
It concludes that accounting classifications should not change a transport project’s underlying economic costs and benefits. It also discusses options for improving the appraisal of financing choices.
Michael Spackman completed this research on behalf of the Department for Transport.
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Source: Department for Transport
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Text reproduced from the official source under its reuse licence.