| 1. |
INTRODUCTION |
5 |
| 2. | EXECUTIVE SUMMARY & OVERALL CONTEXT |
6 |
| 3. | MARKET DRIVERS |
8 |
| 3.1 | OVERALL CONSTRUCTION OUTPUT – DOMESTIC AND NON-DOMESTIC |
8 |
| 3.2 | GDP |
11 |
| 3.3 | INFLATION & INTEREST RATES |
12 |
| 3.4 | UNEMPLOYMENT |
13 |
| 3.5 | HOUSEHOLD CONSUMPTION |
13 |
| 3.6 | STERLING |
14 |
| 4. | OVERALL PUBLIC FUNDING & EXPENDITURE |
16 |
| 4.1 | DEFINITION & STRUCTURE OF THE DFT |
16 |
| 4.2 | MARKET SIZE PERSPECTIVE – OVERALL PUBLIC SECTOR CAPITAL EXPENDITURE |
18 |
| 4.2.2 | Objectives of the Spending Review |
19 |
| 4.3 | MARKET SIZE PERSPECTIVE – OVERALL PRIVATE SECTOR CAPITAL EXPENDITURE |
20 |
| 4.4 | PUBLIC SECTOR CAPITAL EXPENDITURE & FUNDING STREAMS |
22 |
| 4.5 | CONTRACTOR OUTPUT IN THE TRANSPORT SECTOR 2005-2012 |
24 |
| 4.6 | TRANSPORT INNOVATION FUND |
27 |
| 5. | ROADS & HIGHWAYS |
29 |
| 5.1 | DESIGN, BUILD, FINACE AND OPERATE (DBFO) |
29 |
| 5.2 | OVERALL ROAD INVESTMENT LEVELS |
30 |
| 5.3 | KEY HIGHWAYS AGENCY PROJECTS |
32 |
| 5.3.1 | M40 Junction 4/ A404 Handy Cross Junction |
32 |
| 5.3.2 | A249 Stockbury (M2) to Sheerness |
32 |
| 5.3.3 | A1 Darrington to Dishforth |
33 |
| 6. | RAIL |
39 |
| 6.1 | RAIL INVESTMENT LEVELS |
39 |
| 6.2 | KEY RAIL PROJECTS |
44 |
| 6.2.1 | The Channel Tunnel Rail Link (CTRL) |
44 |
| 6.2.2 | Route of the CTRL |
46 |
| 6.2.3 | Project Completions 2006-2009 |
47 |
| 6.2.4 | Olympic Transport Plan |
49 |
| 6.2.5 | London Underground |
53 |
| 7. | AIRPORTS/PORTS |
55 |
| 7.1 | INVESTMENT LEVELS IN SEA & AIR PORTS |
56 |
| 7.2 | SUMMARY OF GOVERNMENT PROPOSALS (AIR TRANSPORT WHITE PAPER) |
58 |
| 7.2.1 | North East England |
58 |
| 7.2.2 | The Midlands |
58 |
| 7.2.3 | The South West |
58 |
| 7.2.4 | The South East |
58 |
| 7.3 | KEY AIRPORT PROJECTS |
59 |
| 7.3.1 | Terminal 5- Heathrow (T5) |
59 |
| 7.3.2 | London City Airport |
61 |
| 8. | DIRECTORY OF COMPANIES/ORGANISATIONS |
64 |
| 8.1 | KEY ORGANISATIONS SUPPORTING TRANSPORT PROJECTS |
64 |
|
TABLES AND CHARTS |
| TABLE 1 | TOTAL PUBLIC SECTOR CAPITAL BUDGET DEPARTMENTAL EXPENDITURE LIMITS (£ BILLIONS) |
7 |
| TABLE 2 | CONTRACTORS HOUSING OUTPUT – NEW WORK AND RMI– CURRENT PRICES (£ MILLION) 1998-2008 |
8 |
| TABLE 3 | CONTRACTORS NON HOUSING OUTPUT – NEW WORK AND RMI – CURRENT PRICES (£ MILLION) 1998-2004 |
10 |
| CHART 4 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
12 |
| CHART 5 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2006 |
14 |
| TABLE 6 | EXCHANGE RATE FLUCTUATIONS 1997-2007 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
15 |
| CHART 7 | STRUCTURE OF THE DEPARTMENT OF TRANSPORT |
17 |
| TABLE 8 | TOTAL PUBLIC SECTOR CAPITAL BUDGET DEPARTMENTAL EXPENDITURE LIMITS (£ BILLIONS) |
18 |
| TABLE 9 | CAPITAL SPENDING BY THE PRIVATE SECTOR (PFI) (£ MILLIONS) |
21 |
| TABLE 10 | PRIVATE SECTOR OVERALL PLANNED GROSS INVESTMENT 2006-2008 £M |
22 |
| TABLE 11 | PUBLIC SECTOR OVERALL PLANNED GROSS CAPITAL INVESTMENT 2006-2008 £M |
23 |
| TABLE 12 | VALUE OF CONTRACTORS NEW WORK OUTPUT IN THE TRANSPORT SECTOR 2005-2012 (£000’S) |
24 |
| TABLE 13 | KEY SUPPORTING FACTORS TO CONTACTORS NEW WORK OUTPUT IN THE UTILITIES SECTOR |
25 |
| TABLE 14 | TIF FORECAST FOR 2008-2016 £M |
28 |
| TABLE 15 | HIGHWAYS AGENCY INDICATIVE BUDGET 2006-2008 £M |
31 |
| TABLE 16 | PROJECT SUMMARY- A249 STOCKBURY (M2) TO SHEERNESS |
33 |
| TABLE 17 | PROJECT SUMMARY- A1 DARRINGTON TO DISHFORTH |
34 |
| TABLE 18 | DFT SPENDING ON RAIL 2006-2009 £M |
40 |
| TABLE 19 | NETWORK RAIL FUNDING 2006-2009 £M |
41 |
| TABLE 20 | TFL GROUP CAPITAL BY MODE (£M) |
42 |
| TABLE 21 | LONDON RAIL EXPENDITURE £M 2006-2010 |
43 |
| TABLE 22 | CONSTRUCTION OF FINANCE OF THE CTRL |
44 |
| CHART 23 | MAP OF PLANNED OLYMPIC PARK TRANSPORT INFRASTRUCTURE |
51 |
| TABLE 24 | LONDON UNDERGROUND EXPENDITURE 2005-2010 |
54 |
| TABLE 25 | AIRPORTS & PORTS |
55 |
| TABLE 26 | AIRPORTS AND PORTS SECTOR OVERVIEW 2005 |
56 |
| TABLE 27 | EST. TOTAL CONTACTORS OUTPUT- AIRPORTS & PORTS 2004, 2005 & 2008 (£M) |
57 |
| CHART 28 | ESTIMATED MIX OF CAPITAL EXPENDITURE – SEA & AIR PORTS. |
57 |
| TABLE 29 | CONSTRUCTION MATERIAL USAGE FOR T5 |
59 |
|
TABLE 30 |
INVESTMENT LEVELS FOR T5 |
61 |
