The Sheffield City Region Combined Authority has proposed a way to solve a predicted underspend of the area’s Transforming Cities Fund (TCF) grant.
The solution would see the TCF grant managed flexibly with the combined authority’s share of the Government’s new £4.2bn Intra City Transport Fund.
The DfT awarded the Sheffield City Region £166.3m of TCF grant last March. In January the combined authority said the area would struggle to spend the grant by...
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