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Transport Local Transport Local Extending the Local Sustainable Existing 0.71 0.36
Sustainable Transport Fund will enable further scheme
Transport Fund delivery of projects that deliver new and published
enhanced local transport infrastructure online and fits
which will deliver economic growth and Coalition
also support the economy by enhancing Government
the role sustainable transport plays in priorities for
helping people access employment, creating local
education and retail facilities. The Fund growth and,
is the largest investment in sustainable cutting carbon
transport the Department has made, emissions:
and delivers a range of transport https://www.go
improvements, including a number of v.uk/governme
bus improvement projects, that help to nt/collections/l
tackle congestion (an issue that is ocal-
considered to cost the UK around sustainable-
£11bn a year) and make commuter transport-fund
journeys quicker and more reliable.
Appraisals of the Fund’s large projects
places the value for money of this
investment at 5:1 as demonstrated in
our Value for Money Assessment report
published on 6 November. The
programme should be extended until
2020/2021 in line with the Local Growth
Fund. Sustainable transport projects
are considered ‘shovel ready’ and can
be mobilised quickly. Any programme
will require matched funding. Based on
the success of the previous programme
we anticipate there will be a significant
contribution from the private sector,
local community groups and the local
authority.