Issue details

Housing Infrastructure Fund Forward Funding - Funding Allocation of £41.8 Million to the A320 North of Woking

Surrey County Council, based on the Cabinet Report of 23 June 2020, has found it necessary to commence work on this project ahead of the full funding agreement being signed and the need  to move the scheme from pipeline to capital budget, which in turn releases funds for further scheme development,the cost of which will be fully rechargeable to the Scheme Funding once released. SCC will now prioritise progressing this scheme through further due diligence and into contract and to agree the funding conditions and to sign up to an Assurance Framework.

 

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 27/07/2020

Anticipated restriction: Part exempt  -

Decision due: 29 Sep 2020 by Cabinet

Lead member: Deputy Leader and Cabinet Member for Economy and Infrastructure

Lead director: Executive Director Environment, Transport & Infrastructure

Contact: Lyndon Mendes Email: lyndon.mendes@surreycc.gov.uk Tel: 020 8541 9393.