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Station Commercial Project Facility (SCPF)
The DfT has approved a £60m funding facility to be used for station improvement projects delivering commercially focused investment at existing stations during Control Period 5
The objective of the Station Commercial Project Facility (SCPF) is to enable funding of projects that improve station environments and the passenger experience, whilst reducing the cost of the railway to taxpayers.
Department for Transport (DfT) franchised train operating companies and local authorities are able to apply for funding for their promoted schemes, subject to meeting the qualifying project criteria. The SCPF was last run during Control Period 4 and supported the delivery of 47 projects around the country including new car parks, station redevelopments and ticket gating.
Proposals must provide a DfT total project cost ratio, over the first 10 years of full operation of the enhancement, of 2:1 as a minimum and be completed by 31 March 2020. Please refer to the guidance notes and other supporting documentation below for full details and project criteria.
The decision was recently taken to allow promotors to bid for SCPF funding if their proposed project did not meet the 18 month rule on the franchise expiry date (see guidance notes, p2). This was on the requirement that the promotor provided justification for why their project should be giving special consideration outside of this rule, to be provided in a letter along with the formal submission.
We recognise that having previously been informed they would be ineligible to bid, some promotors stopped work on developing their submissions. To ensure that promotors are given adequate time to prepare their SCPF bids in line with the provided guidance, we have decided to extend the submission deadline for all project bids by two weeks until 12 June 2015.
If you have any questions or need further information please email please email SCPF@networkrail.co.uk.
Guidance notes18 month rule clarificationInvestment proposal application form (appendix 3)Business case summary (appendix 4)
Commercial agreements (appendix 6):SCPF asset purchase agreement
If you have any questions or need more information please email SCPF@networkrail.co.uk