Addressing Future Investment Requirements

It is very clear that roads authorities have significantly reduced investment in road maintenance in recent years due to the national austerity measures. This is expected to continue until at least 2018.

 

New innovative and future-led ideas for funding roads maintenance are urgently required, and the programme is seeking assistance from a variety of expert financial advisors to explore new funding sources/routes.

 

Each authority has a Roads Asset Management Plan (RAMP) which provides the necessary data to carry out robust investment planning work based on different service levels.  However, further work is needed to develop existing asset management technologies and methodologies to provide robust investment information to allow our decision-makers to make informed choices. New and innovative approaches to financing, staffing and prioritising road maintenance will be needed based around risk management, value engineering and whole life costing.

Contact

Angus Bodie
Programme Manager

Tel. 07794 762863

Email Angus

 

Shaun Millar

Project Officer

Tel. 01506 283837

Email Shaun