Additional TIF pump priming and development costs: 2007/8
Funding for areas with an outline TIF proposal and commitment to develop a TIF business case
Overview
6. Some additional pump priming funding will be available during the remainder of 2007/08 to allow authorities to progress the development of TIF business cases. This funding will only be available for authorities that have well progressed proposals, with political support to submit a full TIF business case based on these proposals.
7. To bid for funds authorities should write to the department setting out how they meet the criteria, outlining the proposals and the funding they require to progress this project during this financial year.
Criteria
8. Bids for this additional support will be assessed against:
- The likelihood of the delivery of a credible TIF business case in 2008/09; and
- The strategic fit of the proposals with the objectives for Congestion TIF schemes outlined in the Congestion TIF Business Case Guidance (February 2007).
9. We will only consider bids from promoters which include:
a) A public commitment to develop a demand management proposal that will be taken forward to full business case, including details of:
- A single demand management option that will be taken forward to full business case, including: The area(s) covered;
- The form of the demand management proposed. We will only consider bids for road pricing proposals, and by exception workplace parking levy;
- For road pricing schemes, the basis of the charge (e.g. cordon, area licence, etc) and the preferred technical charging solution (e.g. ANPR, DSRC etc);
- The range of charges and hours of operation being considered.
b) An outline package of complementary investment;
c) An outline financing strategy which includes the relative proposed contributions from central Government and local sources;
d) An overview of, where appropriate, how cross-authority working will be managed;
e) A detailed project plan for submitting a full business case;
f) A report on the compliance of analytical support tools with WEBTAG guidance, and a plan, where appropriate, for ensuring that these tools are compliant by programme entry submission;
g) Details of stakeholder and public engagement to date and proposed engagement prior to submission.
h) We also expect bids to include:
- the name of the authority (or authorities) submitting the proposal (making clear whether it is a joint proposal covering more than one authority);
- the amount of funding from DfT for scheme development and the contribution this represents to total development costs, and how it will be used;
- the names of the signing Officers or Members;
- the names of both a policy and a communications contact for DfT to liaise with about the bid or bidding process (including e-mail addresses);
- confirmation that the authority is happy for the Department to put the bid into the public domain once a decision has been taken.
- 10. We have not taken a view as to how many areas we would consider supporting at this bidding round, but Congestion TIF funds are limited and we will not support any bids where the proposed package does not stand a reasonable chance of fulfilling the criteria in the Business Case Guidance or of being affordable from the Congestion TIF pot.
Conditions
11. We expect the bid to be endorsed by Transport Lead members or Leaders of all partner authorities to the proposal.
12. Limited funds are available in 2007/08 and no decision has been made about whether further funding will be available in 2008/09. We would expect funding to be supplemented by a significant local contribution although this can be considered across the pump priming rounds as a whole. In return for funding we will be seeking from authorities a report on the way in which the money has been spent, and the benefits that it has secured. We will require recipients of funds to share their experience and lessons learned with other authorities.
