Decision details

Dave Colbert, Specialist Advisor Transportation, Lancashire County Council presented a report (circulated) regarding the East Lancashire Strategic Cycle Network Scheme funding application approval.

It was highlighted that Atkins (external consultants that assessed the application) were now satisfied that the business case met the expected standard.

It was noted that the Economic Case demonstrates that the combined package will provide high value for money with a benefit to cost ratio of 2.79 and also generate a potential £55k Gross Value Added (GVA) uplift per annum.

In addition it was noted that the following actions need to be addressed in a timely manner to ensure the scheme is delivered to programme over the next 4?years, as each has the potential to impact on the scope and deliverability

of the scheme:

·  progress all planning permissions and any compulsory purchase orders;

·  complete the detailed scheme design and costs estimates for all scheme sections; and

·  carry out a quantified assessment of each risk element.

Resolved:  That the East Lancashire Strategic Cycle Network Scheme funding application be endorsed and recommended for approval by the Lancashire Enterprise Partnership Board at its next meeting.