Issue details

Allocation of Funding Received from the Transport Infrastructure Investment Fund

The Department for Transport has announced funding under the heading Transport Infrastructure Investment Fund that pulls together a number of previously announced funding streams including the 2020/21 Challenge Fund and the Pothole Action Fund. The allocation for Lancashire is £15,891,000. It has been confirmed that it is not ring-fenced and that authorities can spend on capital projects such as preventative maintenance and storm damage as a result of the severe weather events earlier in the year.

 

The additional funding announcement gives us a number of opportunities.

 

This is deemed to be a Key Decision and the provisions of Standing Order C19 have been complied with.

 

Decision type: Key

Reason Key: Expenditure > £1,700,000;

Decision status: Recommendations Approved

Divisions affected: (All Divisions);

Notice of proposed decision first published: 10/06/2020

Anticipated restriction: Part I  -

Decision due: 9 Jul 2020 by Cabinet

Lead member: Deputy Leader and Cabinet Member for Highways and Transport

Contact: Paul Binks Email: paul.binks@lancashire.gov.uk Tel: 01772 532210.

Decisions

Agenda items