Combined Authority Board agree the full business case for the Transport Model
At the Combined Authority meeting on 22 March, the full business case for the Transport Model, including the timeline for its future arrangements and delivery, was unanimously approved. In addition, the drawdown of £1.721m allocated within the Medium-Term Financial Plan was agreed for the delivery of the model.
The aim of the Transport Model is to create a consistent evidence base to support the development of local plans and responses to planning applications, as well as having the potential to generate revenue from selling content and access to developers. All new transport projects will need to be assessed and tested against a consistent set of key criteria to ensure they will offer value for money and provide the kinds of benefits needed in the region.
The Transport Model is supported across the Combined Authority region and will see consistency across all areas in judging how much benefit a transport scheme will bring. Using a single model will be simpler, quicker and more cost effective.
The model is planned to be ready by the end of 2024.
- Major funding programme for skills, business & communities moves forward
- Funding approved to support Cambridgeshire and Peterborough’s market towns
- Cambridgeshire and Peterborough unite ahead of UKREiiF to spotlight regional potential in driving economic growth
- New milestones hit as Cambridgeshire and Peterborough bus reform gathers pace
- Power of internships celebrated at event attended by Mayor
- Publication of Final Statement of Accounts 2023-2024