Regular news: Issue 591 2 Mar 2012
More articles like this...
Funding / Financing, General transport / Mode, All of UK
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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