Funding call for five ‘vital’ transport schemes
A BID for more than £42million of Government money has been made by Buckinghamshire County Council to fund five road and transport schemes.
The major schemes, costing an estimated total of £58.4million, are ‘vitally important’ for the county’s continued growth and economic prosperity, says council leader Martin Tett.
They build on Bucks County Council’s infrastructure investment programme, funded over the past few years by £53million from previous bids.
These have made possible the development of an alternative traffic route through High Wycombe, a relief road for Beaconsfield, link roads for Stocklake, Aylesbury, and the town’s eastern flank, and a new cycleway/ footway between Buckingham and Winslow.
The latest bid includes proposals for:
Two new link road projects for Aylesbury;
Road and transport improvements for Cressex Business Park, High Wycombe;
Sustainable transport corridors along the Grand Union Canal from Wendover and Aylesbury; and
A study to assess longterm improvements along the A418 corridor.
The County Council bid is divided between the Government ’s £1,800million Local Growth Fund through Buckinghamshire Thames Valley Local Enterprise Partnership (LEP), and a £425million pot for large local major bids held by the Department for Transport.
A decision is expected around the time of Chancellor Philip Hammond’s Autumn Statement in November.
Mr Tett said: “Buckinghamshire is a fast growing county that contributes hugely to the national exchequer. It is essential that we bid for and obtain the money necessary for the infrastructure, such as transport, to support that growth. Our residents expect nothing less.”
The difference between the County Council’s bid and each project’s total cost will be met by developer contributions.