To ask the Minister for Transport if, in the consideration of the cost of a buy-out of the M50 toll bridge, a full cost benefit analysis has been carried out; if so, if factors such as accident rates, diversion rates and consequent damage to minor roads or the cost of congestion have been factored in; and if he will make a statement on the matter.
For ORAL answer on Thursday, 12th May, 2005.
Ref No: 15484/05
Answered by Minister for Transport (Martin Cullen)
The statutory power to levy tolls on national roads, to make toll bye-laws, and to enter into toll agreements with private investors in respect of national roads is vested in the National Roads Authority (NRA) under Part V of the Roads Act 1993 (as amended by the Planning and Development Act 2000).
The buy-out of NTRs tolling rights at West-Link has not been considered by my Department or by the Government. The NRA has not submitted any proposals on the matter to my Department and in the event of a buy-out arising for consideration the issues referred to by the Deputy would be taken into account as appropriate.