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Station Commercial Project Facility (SCPF)
The Department for Transport (DfT) has approved a £60m funding facility to be used to fund station improvement projects delivering commercially focused investment at existing stations during Control Period 5 (CP5).
The objective of the SCPF is to enable funding of projects that improve station environments and the passenger experience, whilst reducing the cost of the railway to taxpayers. 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 CP4 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 31st March 2020. Please refer to the Guidance Notes and other supporting documentation as below for full details and project criteria.
Funding will be released later this year for which proposals are requested by midnight 29 May 2015.
If you have any questions or need more information please email the SCPF Mailbox