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The Infrastructure Cost Review was a 2010 report commissioned by the government of the United Kingdom and written by Infrastructure UK to find efficiency savings in the delivery of infrastructure projects. The British government aimed to make savings of up to £3 billion per year on current expenditure by 2015, primarily in the pre-construction phase. The report made a series of recommendations for changes in government procurement and planning. Cost savings were quickly realised and Infrastructure UK reported savings of £1.5 billion at the end of the first reporting year and £3 billion by 2014. The programme was projected to have saved £50 billion in expenditure by the end of the 2010s. Infrastructure UK was absorbed into the Infrastructure and Projects Authority which launched its Transforming Infrastructure Performance in 2017 which aims to make £15 billion in annual savings.
References
- ↑ UK Government, Infrastructure UK, accessed 28 November 2022
- ↑ Government creates new body to help manage and deliver major projects for UK economy
- ↑ New government body to help manage and deliver major projects for UK economy
- ↑ Infrastructure and Projects Authority, About us, accessed 28 November 2022
- ↑ HM Treasury and Infrastructure UK, Infrastructure Cost Review: Main Report, published December 2010, accessed 28 November 2022
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