Why is the E Rail methodology more compelling than Section 106/75?
• E Rails negotiations with landowners and developers take place before the certainty of the proposed transport system is confirmed. This early and proactive approach ensures that the marginal difference between current and eventual land value is at its greatest and that, as a result, landowners contributions based on the true value of the property uplift are maximised. For their part, developers are more willing to negotiate a level of individual contribution as they have the assurance that if the transport system does not happen, they will not need to make a contribution. • Secondly, we deal with all the relevant landowners/developers in a structured programme of individual negotiations over a short span of time. By this means we ensure that the total sum available by way of these land uplift contributions is known to the transport sponsor ahead of the final commitment to proceed with the transport scheme. • Thirdly, the landowner/developer contributions raised through the E-Rail met
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- Why is the E Rail methodology more compelling than Section 106/75?
