The Economic Case
Section 20 sets out the risk assessment and optimism bias analysis and the process for arriving at the Quantified Risk Assessment figure for the economic analysis; and Section 21 sets out the conclusions from the Economic appraisal.
Approach
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changes in bus service provision, such as changes in operated mileage and fares; changes in competing modes, such as road congestion; and changes in external demand drivers, such as population and employment.
Bus Franchising in Greater Manchester - Assessment
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