More passengers set to benefit from £100m station improvement fund as tranche 3 launched
The final tranche of a £100m fund to improve stations in England and Wales has been announced, giving Network Rail, Train Operating Companies, Local Authorities and other organisations another chance to submit bids for almost £19m of remaining funding.
Since the station commercial project facility was launched by the Department for Transport, Network Rail and the Association of Train Operating Companies (ATOC) in April 2011, more than £80m has been authorised for projects ranging from car parks and park-and-ride schemes to new retail space and station redevelopments.
Deadline for applications
Tranche 3 is open from 1 – 29 February 2012 inclusive, and the SCPF Awards Panel will meet to determine the applications on 18 April 2012.
New £100m fund to improve stations and reduce the cost of the railway to taxpayers
We have worked with the Department for Transport, the Office of Rail Regulation and the Association of Train Operating Companies to create a £100m facility to support commercially focused station improvements across England, Scotland and Wales. It is available for train operators and third parties as well as ourselves.
To be considered for funding, proposals must make improvements to the station environment, provide a financial return over and above project costs and be complete by the end of Control Period 4 (31st March 2014). There is no cap on the maximum value of proposals up to the £100m.
Proposals will be assessed by a panel including the Department for Transport, the Association of Train Operating Companies and ourselves. We are administering and programme managing this facility.
Guidance, application form and supporting documentation
More information
If you have any questions or require further information please email Kristian Alexander.
Press releases
Read more about projects which are benefitting through the Station Commercial Project Facility -
Tranche 1 successful bids
Tranche 2 successful bids
Tranche 3 is launched