Trams get a fare deal
13 September 2012
Escalating costs threatened to derail three systems in England. But inventive procurement has put two back on track, says Mark Smulian
It is clean, efficient, popular, fits with the government’s sustainability policies and helps local economies to grow. And it costs a fortune. Light rail has had a fitful history in the UK, but two major public-private projects now have a serious chance of going ahead after radical adjustments in their procurement and funding.
In short, the changes mean local...