; Real Cost of Bendy Bus Plan Is Now Around Pounds 225 Million
Evening Post (Bristol, UK) › August 25, 2011
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Summary
BRISTOL City Council will have to borrow Pounds 37 million to help pay for the bendy bus schemes.
It is understood the huge loan will take a quarter of a century to pay off. The real cost of the city's bus rapid transit schemes could also be far higher than previously thought because of the interest on that loan.See the full content of this document
Extract
; Real Cost of Bendy Bus Plan Is Now Around Pounds 225 Million
The authority plans on borrowing Pounds 37 million from the government's Public Works Loans Board to help fund the bus routes, but with interest over . 25 years it will have to pay back Pounds 65 mi...
See the full content of this document
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