Download or read book The completion and sale of High Speed 1 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2012-03-28 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The High Speed 1 line was delivered within the overall funding and timescale available for the project. However, this was at a higher cost and later than its targets. Construction of the line cost £6,163 million,18 per cent higher than the target costs. Despite missing these targets, this performance compares well with other railway projects. The line has performed well since it opened, with only 0.43 per cent of services being delayed in 2010-11 by infrastructure incidents, such as track or signal failures. However, the number of international passengers using the line is lower than originally forecast. This left the taxpayer exposed to the risk of lower-than-expected passenger income, which had been expected to repay the project debt. London & Continental Railways Ltd (LCR), which is owned by the Department, is in partnership with private sector developers at King's Cross and Stratford where development is under way. The original business case in 1998 was based on benefits to transport users from faster journey times and increased rail capacity and regeneration benefits. The total value of these benefits is not known as the Department has started to identify the methods it will use to evaluate the project's costs and benefits. The Department has not reassessed these costs and benefits since 2001, despite assurances to the Public Accounts Committee that it would do so. Restructuring LCR before the sale removed open-ended taxpayer support and the line was made an attractive opportunity for investors. The Department handled the sale well and, at £2,048 million, the winning bid was higher than expected.
Download or read book ITF Roundtable Reports Ex Post Assessment of Transport Investments and Policy Interventions written by International Transport Forum and published by OECD Publishing. This book was released on 2017-02-28 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ex-post evaluation is important to improving the delivery of transport policy objectives. It can be used for multiple purposes at the core of which is the improvement of ex-ante assessment. A small number of jurisdictions employ ex-post evaluation systematically and leading experience is ...
Download or read book High Speed 2 written by Great Britain: National Audit Office and published by Stationery Office. This book was released on 2013-05-16 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this early examination of progress by the Department for Transport in planning for the High Speed 2 rail network, the National Audit Office expresses reservations about the Department's business case. The Department has poorly articulated the strategic need for a transformation in rail capacity and how High Speed 2 will help generate regional economic growth. The Department's methodology for appraising the project puts a high emphasis on journey-time savings, but the relationship between these savings and the strategic reasons for doing the project, such as rebalancing regional economies, is unclear. The benefit-cost ratio calculated for phase one has twice contained errors and the Department has been slow to carry out its own assurance of the underlying analysis. The most recent benefit-cost ratio (published in August 2012) is 1.4 to 1 but is likely to change as the ratio is sensitive to changes in data underpinning assumptions, such as GDP growth forecasts. It does not, however, reflect the Department's current assumption on the relationship between passenger numbers and GDP growth. The Department should also carry out research into how business travellers use their time on trains. HS2 Limited has also not yet analysed the effect on passenger demand, revenues and the benefit-cost ratio of charging passengers premium prices. The NAO estimates that there is a £3.3 billion funding gap over four years (2017-18 to 2020-21) which the government has yet to decide how to fill.
Download or read book American Lumberman written by and published by . This book was released on 1900 with total page 2130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book High Speed Rail in the United States written by David Randall Peterman and published by DIANE Publishing. This book was released on 2010-06 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Intro.; (2) What is High Speed Rail (HSR)?; (3) HSR Options; (4) Components of a HSR System: Conventional HSR; Track; Signal and Commun. Networks; Magnetic Levitation; (5) HSR In: Japan; France; Germany; Spain; China; (6) Background of Intercity Passenger Rail in the U.S.; (7) Previous Efforts in the U.S.; (8) Recent Congress. Initiatives to Promote HSR; (9) Potential Benefits: Alleviating Highway and Airport Congestion; Alleviating Pollution and Reducing Energy Consumption by the Transport. Sector; Promoting Econ. Develop.; Improving Transport. Safety; Providing a Choice of Modes; Making the Transport. System More Reliable; (10) Infrastructure and Operating Costs; (11) Ridership Potential; (12) Funding Consider.
Download or read book Train Aerodynamics written by Chris Baker and published by Butterworth-Heinemann. This book was released on 2019-06-12 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Train Aerodynamics: Fundamentals and Applications is the first reference to provide a comprehensive overview of train aerodynamics with full scale data results. With the most up-to-date information on recent advances and the possibilities of improvement in railway facilities, this book will benefit railway engineers, train operators, train manufacturers, infrastructure managers and researchers of train aerodynamics. As the subject of train aerodynamics has evolved slowly over the last few decades with train speeds gradually increasing, and as a result of increasing interest in new train types and high-speed lines, this book provides a timely resource on the topic. - Examines the fundamentals and the state-of-the-art of train aerodynamics, beginning with experimental, numerical and analytical tools, and then thoroughly discussing the specific approaches in other sections - Features the latest developments and progress in computational aerodynamics and experimental facilities - Addresses problems relating to train aerodynamics, from the dimensioning of railway structures and trains, to risk analysis related to safety issues and maintenance - Discusses basic flow patterns caused by bridges and embankments
Download or read book Power Boating written by and published by . This book was released on 1926 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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Download or read book MotorBoating written by and published by . This book was released on 1912-05 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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Download or read book MotorBoating written by and published by . This book was released on 1919-04 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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Download or read book MotorBoating written by and published by . This book was released on 1914-04 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:
