An investment of over £160 million will be spent on fixing potholes and improving roads in Lincolnshire over the next six years.
The funding, which was allocated by the Department for Transport on December 23, will see £161,878,000 spent in Lincolnshire with the first three years set and indicative data refreshed from 2018/19 onwards.
The Lincolnshire allocations are:
2015/16 – £31,013,000
2016/17 – £28,431,000
2017/18 – £27,571,000
2018/19 – (Indicative) £24,955,000
2019/20 -(Indicative) £24,955,000
2020/21 – (Indicative) £24,955,000
It was also announced that £578 million has been set aside for an incentive fund scheme which will start in 2016 to reward councils who demonstrate they are delivering value for money in carrying out cost effective improvements.
Councillor Richard Davies, Executive Councillor for Highways and Transportation, said: “The Department for Transport has announced additional funding of £5.8bn, over the next five years, to improve local roads across the UK. Lincolnshire has received the largest amount of funding in the East Midlands, with just over £161m to renew, repair and extend the life of our roads.
“This is welcome news for us, and this year’s extra funding, £9 million, will increase our road maintenance budget significantly to just over £31m for 2015/16. This money will help us to repair potholes, which we prioritise by repairing the ones which aim to protect the greatest number of people first.
“The extra funding will make a noticeable difference in repairing the county’s roads, and part of it will be used to permanently repair the worst potholes.”
Matthew Lugg, director of public services for Mouchel Infrastructure Services and advocate for the Highways Agency Efficiency Programme, added: “Taking a more holistic approach to planning roads and services can be game changing and deliver greater efficiencies.
“Councils who think about long term planning and how they work together to share their resources, achieve greater economies of scale and keep the road surface in good repair, ensuring value for money for the taxpayer. Today’s announcement by the Government will help to deliver this.”
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Exciting news for MyLocal app users and The Lincolnite readers! Our latest update is now available to download from your app store and comes packed with the best local news experience you can enjoy.
Revamped News Feed: Enjoy faster loading times and smoother scrolling that make catching up on local news a breeze.
New Play Video Feed: Dive into a dynamic video feed that brings local stories to life in a whole new way.
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Update your MyLocal app from your app store (version 2.73) now and start enjoying these great new features today!
P.S.: Start your MyLocal membership today to support MyLocal and The Lincolnite deliver you a better local news experience and honest journalism from across Lincolnshire.
P.P.S.: We have some huge things in the pipeline, stay tuned!