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Inderspend

17th April 1982, Page 7
17th April 1982
Page 7
Page 7, 17th April 1982 — Inderspend
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Keywords : Business / Finance

DUT £85m less than was ex:tad was spent on motorway I trunk road construction durthe last financial year.

unior Transport Minister, ida Chalker, who revealed a in the Commons, added that figure had been partly offset the transfer during the year of 1 million to maintenance.

e main reason for the 3rtfall had been a substanlly lower rate of inflation in ) construction sector than ticipated, including an actual in tender prices. This had counted for about half the ortfall.

the transfer or preparation d supervising work from the -mer road construction units' b-units to consultants had ken longer than planned, ded Mrs Chalker, which acunted for just under a quarter the total of the underspend.

Added to this were lower than pected land prices and smaller lyments on contractors' aims, each accounting for lout ten per cent.

While some schemes slipped Jring the year, this had been rgely offset by bringing forard schemes from the reserve

and from the next year's proamme.

Mrs Chalker noted that the ossibility of introducing a facily for carrying forward unspent Inds was under review.

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People: Chalker

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