Speeches

Lord German – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lord German on 2016-03-14.

To ask Her Majesty’s Government, further to the answer by Lord Ahmad of Wimbledon on 14 March, how the £63 million which will be still outstanding when the Severn Bridges return to public ownership at the end of the concession is broken down.

Lord Ahmad of Wimbledon

Most of the cost estimated to have been incurred outside of the concession relate to expenditure between 1992 and 2014, on capital (17%), operations including maintenance (50%) and administration (15%). The remainder was incurred before 1992 or is forecast to be spent between 2015 and 2018. More than half of the operations and maintenance expenditure was to investigate and correct cable corrosion.