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Decision details

Local Sustainable Transport Fund Major Bid

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval to submit as invited by DfT a bid with the WoE for a major scheme within the Local Sustainable Transport Fund

Decision:

(1) To ACCEPT the £750,000 awarded through the Local Sustainable Transport Fund Key Component bid;

(2) To APPROVE the West of England joint bid for £25.5 million (WEST) from the DfT Local Sustainable Transport Fund, SUBJECT to approval of the Council’s matched funding elements as part of the Revenue Budget and Capital Programme in February 2012.

Reasons for the decision:

The bid if successful will bring £3.25 million of additional funding to the Council to assist in meeting its corporate priorities which would not otherwise available

Alternative options considered:

There are no other sources of Government funding available for schemes of this size and scope so no other options were considered other than not to bid at all. Not bidding would have left the Council with no opportunity to obtain additional sustainable transport funding

Report author: Rab Smith

Publication date: 08/12/2011

Date of decision: 07/12/2011

Decided at meeting: 07/12/2011 - Cabinet

Effective from: 16/12/2011

Accompanying Documents: