National Productivity Investment Fund
Early in 2017 the Department for Transport, as part of its roads investment plans, announced two new funding streams for local highway authorities in England. The National Productivity Investment Fund (NPIF) saw £185 million from this Fund allocated to local authorities in 2017/18 to help improve local road networks. Alongside this the new Safer Roads Fund, with total funding of £175m between 2017/18 and 2020/21, enabled eligible local highway authorities to submit proposals to improve the safety of 50 specific sections of local A’ roads, where the risk of fatal and serious collisions (based on the analysis by the Road Safety Foundation) is highest.
Now, government has announced an additional opportunity for local authorities to bid for a share of a further £490m from NPIF, enabling local authorities to improve their local road networks in support of economic growth plans. The competition runs until 30 June. SYSTRA is already supporting local authorities in bidding for the Safer Roads Fund, helping to make the case for much needed investment in making our road network safer, and are helping authorities prepare business cases supporting investment in bids for the latest NPIF package.
For further information on our work with local transport authorities, contact Tim Steiner at email@example.com