Latest news:
Regular news: Issue 591 2 Mar 2012

Forward-funding ‘vital for infrastructure delivery’

More use of forward-funding mechanisms is needed to help deliver transport projects, according to a new report.

The Government is promoting forward-funding mechanisms via the recently established Growing Places Fund. Infrastructure vital for new development is funded upfront by the public sector with developers repaying the funds at a future date.

The model is endorsed in a new report prepared by the Chartered Institution of Highways and Transportation; Parsons Brinckerhoff; Balfour Beatty;...

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