Phase 2 of the Transport Asset Management Plan started in April 2020 and runs until March 2025. Using the condition of the assets at the end of Phase 1, along with results of Lifecycle Modelling, the original Transport Asset Management Plan assumptions have been reviewed and have been used to produce revised standards and funding proposals for the period 2020/21 to 2024/25. This report sets out the revised standards and recommended approach for the apportionment of future highway funding.
This is deemed to be a Key Decision and the provisions of Standing Order C19 have been complied with.
Decision type: Key
Reason Key: Significant effect in 2 or more electoral divisions;
Decision status: Recommendations Approved
Divisions affected: (All Divisions);
Notice of proposed decision first published: 04/11/2020
Anticipated restriction: Part I -
Decision due: 3 Dec 2020 by Cabinet
Lead member: Deputy Leader and Cabinet Member for Highways and Transport
Lead director: Director of Strategy and Performance
Contact: Paul Binks Email: paul.binks@lancashire.gov.uk Tel: 01772 532210.