The Government provided a new capital grant to local authorities for the 2017/18 financial year to spend on local highway and transport networks, with a view to improving productivity and local economic growth. This is called the productivity investment fund and we were awarded £3.859m for 2017/18.
The Cabinet Member for Highways and Transport took a decision on 15 March 2017 to use the grant to provide additional spend on highway structural maintenance, additional spend on the major transport schemes programme, and spend on a public transport smart ticketing project. With the precise value of the allocation to each programme or project determined by the Director and Lead Commissioner for Economic and Community Infrastructure.
The Cabinet Member also agreed that additional spend for traffic signals replacement is a reserve programme which grant funding may be spent on if appropriate.
National Productivity Investment Fund
Indicative allocation of the fund to projects and programmes
|Project/ Programme||Indicative allocation from the productivity investment fund 2017/18|
|Highway resurfacing programme||£0.5m|
|Major schemes programme||£3m|
|Public transport smart ticketing project||£0.359m|
|Traffic signals replacement programme||£0m|
M5 Junction 25 Walking and Cycling Improvement
The scheme is to provide a sustainable link connecting the Strategic Employment Site (Nexus25) with the built-up area of Taunton at M5 Junction 25. This link replaces the existing sub-standard walk/cycle facility at M5 J25.
The new link, in the form of a landmark bridge spanning over the motorway, signifies the gateway to Somerset. This raises the profile of Nexus25, attracts investment from high-profile tenants, unlocks growth, improves productivity and transport potential.
Somerset Nexus25 Cycle and Footbridge Appraisal Summary Table
Somerset Nexus25 Cycle and Footbridge Economic Appraisal Report
Somerset Nexus25 Cycle and Footbridge Impact Pro Forma
Somerset Nexus25 Cycle and Footbridge initial programme June 2017
Somerset Nexus25 Cycle and Footbridge letter from Heart of the South West
Somerset Nexus25 Cycle and Footbridge letter from Summerfield
Somerset Nexus25 Cycle and Footbridge letter from Taunton Deane Borough Council
Somerset Nexus25 Cycle and Footbridge location plan
Somerset Nexus25 Cycle and Footbridge National Productivity Investment Fund application form
Somerset Nexus25 Cycle and Footbridge Quantified Risk Register
Somerset Nexus25 Cycle and Footbridge Signed Declarations
Somerset Traffic Signal Efficiency Package
The project is to upgrade 11 sites across the county, located on corridors linking growth locations to established areas of economic activity.
This project will bring traffic signalling, detection and communication equipment to a modern standard, provide an efficient and intelligent system, minimise travel delay and improve journey quality for all road users.
Somerset Smart Signals Appraisal Summary Table
Somerset Smart Signals Economic Appraisal Report
Somerset Smart Signals Impact Pro Forma
Somerset Smart Signals Initial Project Plan June 2017
Somerset Smart Signals letter from Heart of the South West
Somerset Smart Signals location plans
Somerset Smart Signals National Productivity Investment Fund Application – signed declarations
Somerset Smart Signals National Productivity Investment Fund Application
Somerset Smart Signals Quantified Risk Register
Somerset Smart Signals site locations