The spend to date on HS2 up to the end of 2019 was £7.5bn (2015Q1 prices, excluding VAT). However not all of this is treated as sunk costs in the economic case as the land and property costs could be recoverable were HS2 not to go ahead.<\/p>
<\/strong><\/p> what would the benefit-cost ratio figures be if those costs had been included; <\/strong><\/p> <\/strong><\/p> The benefit cost ratio figures including sunk costs are as follows:<\/p> <\/p> <\/p><\/td> Full Network<\/p><\/td> Statement of Intent<\/p><\/td> Parliamentary Powers<\/p><\/td><\/tr> BCR without WEIs<\/p><\/td> 1.1<\/p><\/td> 0.8<\/p><\/td> 0.8<\/p><\/td><\/tr> BCR with WEIs<\/p><\/td> 1.3<\/p><\/td> 1.0<\/p><\/td> 1.0<\/p><\/td><\/tr><\/tbody><\/table> <\/strong><\/p> whether the writing off of development costs up to the time of Notice to Proceed is in compliance with the HM Treasury's Green Book; <\/strong><\/p> <\/strong><\/p> The appraisal of HS2 has been undertaken in compliance with HM Treasury\u2019s Green Book. The Green Book states that \u201cwhat matters are costs and benefits affected by decisions still to be made.\u201d<\/em><\/p> <\/strong><\/p> what other Government-funded projects have had the development costs written off; and whether any such costs were written off in order to improve the benefit-cost ratio figures.<\/strong><\/p> <\/p> Costs have not been written off in the approval of HS2. HS2 Ltd\u2019s delegated Funding Envelope (the \u201cTarget Cost\u201d) for Phase One is £40bn (2019 prices). This Target Cost includes the costs already spent on the project.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4580", "label" : {"_value" : "Biography information for Baroness Vere of Norbiton"}
}
, "answeringMemberPrinted" : {"_value" : "Baroness Vere of Norbiton"}
, "dateOfAnswer" : {"_value" : "2020-05-06", "_datatype" : "dateTime"}
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, "questionFirstAnswered" : [{"_value" : "2020-05-06T16:45:44.823Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "27"}
, "answeringDeptShortName" : {"_value" : "Transport"}
, "answeringDeptSortName" : {"_value" : "Transport"}
, "date" : {"_value" : "2020-04-22", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "High Speed 2 Line: Costs"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty's Government, further to Full business case High Speed 2 Phase One, published on 15 April, what is the total amount of the \u2018sunk costs\u2019; what costs incurred before December 2019 were not included in the economic appraisal; what would the benefit-cost ratio figures be if those costs had been included; whether the writing off of development costs up to the time of Notice to Proceed is in compliance with the HM Treasury's Green Book; what other Government-funded projects have had the development costs written off; and whether any such costs were written off in order to improve the benefit-cost ratio figures.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3526", "label" : {"_value" : "Biography information for Lord Berkeley"}
}
, "tablingMemberPrinted" : [{"_value" : "Lord Berkeley"}
], "uin" : "HL3008"}
, {"_about" : "http://data.parliament.uk/resources/785860", "AnsweringBody" : [{"_value" : "Department for Environment, Food and Rural Affairs"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/785860/answer", "answerText" : {"_value" : " The Environment Agency (EA) provides advice and guidance on pollution prevention to farmers and agricultural businesses to help them reduce the risk of causing environmental pollution and the costs of clean up. There are around 100,000 agricultural premises in England which can benefit from this guidance. This helps farmers become or remain compliant with regulations and the direct legislation which prohibits pollution. It is an offence under the Water Resources Act to cause pollution, so where serious or significant pollution does happen the EA will also take direct enforcement action.<\/p> <\/p> The EA bases its advice around a consistent set of integrated key actions which farmers can take to manage environmental impacts. These key advisory actions will help to improve and protect water quality through the management of soils and nutrients, secure water resources, adapt to a changing climate and reduce flood risk. Other specific advice includes information to help farmers control nutrient levels from organic fertiliser and manufactured fertiliser use, previously known as the Code of Good Agricultural Practice (CoGAP). Where appropriate the EA will also signpost farmers to other partners for specialist support as well as grants which may be available through programmes such as Catchment Sensitive Farming (CSF) and the Countryside Stewardship Scheme.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4161", "label" : {"_value" : "Biography information for Lord Gardiner of Kimble"}
}
, "answeringMemberPrinted" : {"_value" : "Lord Gardiner of Kimble"}
, "dateOfAnswer" : {"_value" : "2017-11-15", "_datatype" : "dateTime"}
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, "questionFirstAnswered" : [{"_value" : "2017-11-15T13:22:50.14Z", "_datatype" : "dateTime"}
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, "answeringDeptId" : {"_value" : "13"}
, "answeringDeptShortName" : {"_value" : "Environment, Food and Rural Affairs"}
, "answeringDeptSortName" : {"_value" : "Environment, Food and Rural Affairs"}
, "date" : {"_value" : "2017-11-07", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Agriculture: Environment Protection"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty's Government what advice they provide to farmers and food growers on protecting water quality and the management of soil and nutrients.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4303", "label" : {"_value" : "Biography information for Baroness Kennedy of Cradley"}
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], "uin" : "HL3008"}
, {"_about" : "http://data.parliament.uk/resources/628273", "AnsweringBody" : [{"_value" : "Cabinet Office"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/628273/answer", "answerText" : {"_value" : " Despite a decade of talks, there is still no cross-party consensus on the broad issues of party funding at this time. It is ultimately a matter for the political parties - the Government cannot impose consensus from Whitehall.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4330", "label" : {"_value" : "Biography information for Baroness Chisholm of Owlpen"}
}
, "answeringMemberPrinted" : {"_value" : "Baroness Chisholm of Owlpen"}
, "dateOfAnswer" : {"_value" : "2016-11-15", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2016-11-15T14:08:45.527Z", "_datatype" : "dateTime"}
]}
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, "answeringDeptShortName" : {"_value" : "Cabinet Office"}
, "answeringDeptSortName" : {"_value" : "Cabinet Office"}
, "date" : {"_value" : "2016-11-03", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Political Parties: Finance"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty\u2019s Government what plans they have to change the law relating to political donations.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4153", "label" : {"_value" : "Biography information for Lord Kennedy of Southwark"}
}
, "tablingMemberPrinted" : [{"_value" : "Lord Kennedy of Southwark"}
], "uin" : "HL3008"}
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