3.1 Building on the Infrastructure Cost Review Report, this implementation plan has been designed around five key interlinked objectives (Box 3.A below).
Box 3.A: Cost Review key objectives • create better visibility and certainty of the infrastructure investment pipeline; • implement effective governance of projects and programmes, particularly in the public sector; • instil greater discipline in the commissioning of projects and programmes, for example by ensuring greater objective challenge to the specification of requirements and cost estimates; • develop smarter ways to use competition by improving risk-based assessment of procurement options; and • create an environment that encourages industry and the advisory community to invest in efficiency and reduce the direct costs of construction by developing cost effective delivery solutions. Source: Infrastructure Cost Review, December 2010 |
3.2 Many of the issues are already well recognised and understood but will require concerted action between the Government, regulated companies, regulators and industry to deliver as part of a coordinated programme of intervention.
3.3 These overarching principles will be embedded into clients and the supply chain at all levels through the Charter described in Section 2.10 of this plan.
3.4 Infrastructure UK will work with the Efficiency and Reform Group in the Cabinet Office and other key stakeholders to implement a coordinated programme of activities. The Government will review progress and achievement against these objectives at the end of this programme in 2014.