Purpose

To seek approval for the
submission of a Full Business Case (FBC) to the West of England
Combined Authority (WECA) for City Regional Sustainable Transport
Settlement (CRSTS) funding and subject to approval, to accept and
spend the funding to deliver the A4 Portway Strategic Corridor.
 

Content

That the Policy Committee for Transport and
Connectivity

1.   Noted the approvals granted on Item 10 at the
Cabinet Meeting on 05 March 2024.

2.   Approved the submission of a Full Business
Case (Appendices E) to the West of England Mayoral Combined
Authority (WECA).

3.   Authorised the Executive Director of Growth
and Regeneration in consultation with the Director of Finance and
the Committee Chair for Transport and Connectivity, subject to
approval of the Full Business Case by WECA to: -
(I) Take all steps required to accept and spend the
City Region Sustainable Transport Settlement (CRSTS) funding amount
as set out in this report and appendices,
(ii) Tender and procure contracts (including any over
£500K) necessary to deliver the works,
(iii) Award contracts and spend the funding to
deliver the works as set out in the Full Business Case up to the
maximum budget envelope outlined in this report.
(iv) Accept, tender, award and spend on contracts to
deliver re-surfacing should further CRSTS funding become available
which may be over the key decision threshold.