The Royal Institute of Chartered Surveyors (RICS) have released an infrastructure policy paper alongside their latest compulsory purchase order guidance
RICS have launched a new Infrastructure Policy Paper, to be briefed at the Labour party conference.
The paper comes alongside the latest edition of their compulsory purchase order (CPO), titled ‘Surveyors advising in respect of compulsory purchase and statutory compensation 2nd edition’.
The CPO guidance lays out expectations of RICS members
The CPO guidance consists of a set of 21 professional behaviour and competence expectations that RICS members must adhere to.
This is an expansion and revision on the initial edition of the CPO guidance, originally published in 2017.
Amongst other changes, the link between this area of practice and the need for all those undertaking any valuation-related work to adhere to RICS valuation standards has been clarified, known as the Red Book.
The Infrastructure Policy Paper advises on an infrastructure strategy
The Infrastructure Policy Paper is to be presented this week at the Labour Party Conference, as well as for the Conservative Party Conference the following week.
The paper’s key focus areas include:
- Decarbonising the electricity grid and investing in net-zero generating capacity,
including renewables like wind, solar, and nuclear, as well as upgrades to the energy
distribution infrastructure - Implementing New Town Developments, to address the UK’s housing shortage which
will be designed with sustainability and modern infrastructure in mind. These
developments will also include essential infrastructure, such as healthcare facilities, and
public transport links - Delivering major rail and road infrastructure projects to improve connectivity across the
UK
RICS president-elect, Justin Sullivan, said: “I look forward to leading the roundtable session, briefing key members of the government’s policy team on our infrastructure paper at the coming Labour Party Conference. The paper offers a suite of crucial reforms which support the government’s plans for housebuilding, improve efficiency in the planning system, and invigorate skills and education in the built environment.
“RICS’ specialist professional members provide important expertise necessary for achieving these goals, and this broad and thorough range of policies is a testament to their significant knowledge and experience.”
