Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

City Deal evaluation plans start to take shape

FUNDING

10 November 2017
 

Details are emerging of the evaluation plans that will determine if City Deal areas receive the next five-year tranche of Government funding to deliver transport and other projects.

City deals struck between local authorities and central government feature a 30-year investment fund – a revenue stream to support the capital borrowing needed to deliver transport and other projects. The funding for the first five years was guaranteed but the release of further five-year blocks depends on...

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