Welsh road signs in 2022 cost small fraction of DfT estimates in cash terms despite 50% inflation since 2006 DfT metric conversion report

The total estimated cost for implementing the speed limit change from 30 mph to 20 mph, including the cost for changing signs and markings on roads, has been published in the Regulatory Impact Assessment (RIA) undertaken by the Welsh Government on 20 mph speed limits. The published document gives a breakdown of road sign costs. These costs are several times lower than the Department for Transport (DfT) cost estimates of conversion of road traffic signs to metric units in cash terms despite 50% inflation during the 16-year period between the two reports.

Continue reading “Welsh road signs in 2022 cost small fraction of DfT estimates in cash terms despite 50% inflation since 2006 DfT metric conversion report”