Home > Local Transport Plans > Provisional LTP July 2005 (version for comments) > Strategy Development
Achieving Value for Money
This section focuses on how we achieve VFM through implementation. Major schemes are considered individually through a series of sieving assessments of options to ensure they provide the most effective contribution to the LTP objectives before being submitted to the DfT for funding through the Annex E process. It would be impractical for us to provide the same level of detailed VFM assessments for each specific policy or scheme in the other very large programmes proposed. We need to be flexible in applying the programmes across our Area and through the LTP2 period. We need to take account of local circumstances, public consultation, opportunities to work with other agencies/projects, changing circumstances, etc.
VFM is therefore assessed and schemes modified as the programmes are developed. To inform this process we share our experience from implementing our capital and revenue schemes, including demonstration and trial projects, across the Metropolitan Area. Monitoring VFM is at the core of all our activities and it provides opportunities to adopt best practice, tailored to local circumstances. We give some examples below to illustrate how we obtain VFM in a number of different areas of work Road Safety schemes, Bus Showcase and Red Routes.
Each Authority monitors its own programmes. CEPOG also monitors overall outcomes for the benefit of all Authorities, to ensure that schemes are delivered as planned and to measure their contributions to targets. This monitoring is reported in the APR and also provides information for calculating VFM.
An enhanced monitoring regime has been introduced by the joint P&T Sub Committee in response to the greatly increased programme we are now delivering. This will ensure that we respond quickly to programme changes and continue to deliver VFM schemes that make best use of the resources available.
We are a Centre of Excellence for Integrated Transport specialising in Road Safety. Compared with other major urban areas, we have the lowest number of accidents per 1000 licensed vehicles and the second lowest casualty rate per head of population.
Table 1 Return on Local Safety Schemes Completed in 2000/01 illustrates the outcomes of road safety schemes. Technical information as to which schemes achieve best VFM is exchanged between authorities to help promote best practice. At the bottom of the table is joint data for previous years.
|
Number of Schemes |
Scheme Costs (£,000s) |
Casualties in 3 Years Before |
Casualties in 3 Years After |
Three Year Casualty "Saving" |
Annual Rate of Return |
|
|
Birmingham |
20 |
997.00 |
293 |
196 |
97 |
225% |
|
Coventry |
7 |
220.00 |
205 |
183 |
22 |
232% |
|
Dudley |
10 |
357.00 |
97 |
59 |
38 |
247% |
|
Sandwell |
6 |
565.89 |
164 |
122 |
42 |
172% |
|
Solihull |
7 |
257.00 |
104 |
54 |
50 |
451% |
|
Walsall |
11 |
280.00 |
76 |
54 |
22 |
182% |
|
Wolverhampton |
7 |
475.00 |
158 |
133 |
25 |
122% |
|
Total 2000/01 |
68 |
3,151.89 |
1097 |
801 |
296 |
207% |
|
Total 1999/00 |
73 |
2,723.19 |
894 |
579 |
315 |
255% |
|
Total 1998/99 |
90 |
2,948.22 |
1037 |
687 |
350 |
238% |
|
Total 1997/98 |
91 |
3,336.00 |
1113 |
744 |
369 |
222% |
|
Total 1996/97 |
86 |
3,613.50 |
873 |
478 |
395 |
213% |
|
Total 1995/96 |
88 |
2,648.55 |
737 |
429 |
308 |
196% |
We also monitor Bus Showcase schemes before and after implementation. We have used the results to develop the Bus Showcase handbook, which is a good practice guide on ways to achieve VFM. Table 2 Increases in Patronage on Bus Showcase Routes and Table 3 Showcase User Previous Modes illustrate increases in bus passenger numbers and transfer from other modes.
|
On Route |
In Corridor |
|
|
Line 33 SuperLine Prime Line Route 67 Route 404 Route 559/560 |
29% 18% 5% 38% 12% 7% |
5% 8% 5% 6% 12% 7% |
|
Previous Mode |
|||
|
Car |
Walk |
Did not Travel |
|
|
Line 33 SuperLine Prime Line Route 67 Route 404 Route 559/560 |
4% 13% 5% 3% 5% 5% |
2% 10% 1% 1% <1% <1% |
2% 2% 16% 20% 23% 21% |
We have also monitored our Red Route Demonstration Project. Surveys conducted soon after completion indicate improvements in safety, bus service speed and reliability, traffic speed and journey time reliability, and parking enforcement and compliance.
We have shared these lessons through workshops on Red Route implementation, through the maintenance of a website of 'before and after' studies of safety schemes and through the Bus Showcase Handbook. The Handbook features on the 'Bus Priority' website (www.buspriority.org.uk) as a result of our involvement in one of the DfT Bus Forums Task & Finish Groups. Seminars have also been arranged to share our experience with metropolitan and shire authorities.