New Capital Project Approval Request

Directorate:

Economy, Environment & Culture

Unit:

Transport

Project Title:

Bus Service Improvement Scheme (BSIP)

Total Project Cost (All Years) £:

£5,287,500

Purpose, Benefits & Risks:

Department of Transport have approved capital grant of £5.288m and £22.567m of revenue grant to support the delivery bus service improvements over a 3-year period for Brighton and Hove. Details of the proposed investment for both revenue and capital and sites for new and extended bus lanes was reported to Environment, Transport & Sustainability Committee in June 2022. The scheme will be met through a combination of capital grant and revenue funding and will support the following elements:

·         New bus lanes and bus lane extensions

·         Superhub bus shelters

·         Bus stop rationalisation to speed up buses

·         Red Routes

·         Real Time

A capital sum of £1.020m was approved for 2022/23 but it is likely that half of this will be profiled into 2023/24 to allow further work, consultation, design and the sign off of a satisfactory Enhanced Partnership agreement with bus companies to be put in place before funding is released by DfT.

Capital Expenditure Profile (£’000):

Funding Source (see guidance below)

2022/23

2023/24

2024/25

2025/26

2026/27

Total All Years

Capital Grant

500

2,688

2,100

0

0

5,288

Total Estimated Costs & Fees

500

2,688

2,100

0

00

5,288

Financial Implications:

The Bus Service Improvement scheme will be funded through Government Capital Grant and will also receive revenue funding of circa £22.567m over the 3 -year period to support the delivery of the project.