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Decision details
Additional funding for Cycle Centre business case development
Decision Maker: Director: Economy of Place
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To enable delivery of the scheme within the
CRSTS timelines funding needs to be allocated now to enable work to
progress while consideration is given to further funding from
CRSTS. As this project is BCC’s top priority for further
funding it is considered likely that this funding will be allocated
so risk is low.
Decision:
To agree to provide funding of £150k
from the ITB allocations for development of the business case for
the Cycle Centre project
This funding will be allocated from the ITB CRSTS allocation but
will be swapped out with CRSTS funding from the main sustainable
transport programme block as and when budget is agreed through the
over-programming process
Alternative options considered:
Option 1 - Alternative option is to wait for a
funding decision for the whole scheme but this will delay progress
on the business case to the point where the scheme may not be
deliverable
Publication date: 25/03/2024
Date of decision: 15/03/2024