In a recent blog, Professor Graham Cookson, chief economist and head of research at 163 Inrix says that following the announcement by the UK government that local authorities may be concerned that US$866 million (£690 million) funding to tackle congestion will be made available through competitive funding.
The UK’s Local Government Association said in its recent Budget briefing: ‘Competitive bidding is a time consuming process and does little to provide certainty of funding needed to attract additional private sector investment or plan vital roads infrastructure in the long-term.’
Further funding will be allocated to the North and Midlands from a £220m fund to improve congestion ‘pinch points’ on national roads.
With the first US$615 million (£490 million) allocation available from autumn 2017, for a limited period, Inrix is offering to help cities in their bid preparation by providing its Roadway Analytics insights without charge.
Inrix Roadway Analytics allows councils to estimate the impact of congestion on their citizens and businesses, benchmark their roads and congestion against other competitor cities and estimate the benefits of tackling congestion. It was recently used in a partnership with the city of York’s successful bid for funding from the Department for Transport's Cooperative Intelligent Transport Systems scheme.
The UK’s Local Government Association said in its recent Budget briefing: ‘Competitive bidding is a time consuming process and does little to provide certainty of funding needed to attract additional private sector investment or plan vital roads infrastructure in the long-term.’
Further funding will be allocated to the North and Midlands from a £220m fund to improve congestion ‘pinch points’ on national roads.
With the first US$615 million (£490 million) allocation available from autumn 2017, for a limited period, Inrix is offering to help cities in their bid preparation by providing its Roadway Analytics insights without charge.
Inrix Roadway Analytics allows councils to estimate the impact of congestion on their citizens and businesses, benchmark their roads and congestion against other competitor cities and estimate the benefits of tackling congestion. It was recently used in a partnership with the city of York’s successful bid for funding from the Department for Transport's Cooperative Intelligent Transport Systems scheme.
