Bidders
Preparing a bid to the fund would be very expensive, so as a first stage the DfT asked for bids for pump priming funds to pay for the research that would be needed to prepare a full bid. In July 2005, Alistair Darling announced that of the 21 groups bidding for pump priming funding, the following eight had been successful:
- Bristol City Council, Bath and North East Council, North Somerset Council and South Gloucestershire Council £1,495k
- Cambridgeshire £385k. This bid included development of many major roads within Cambridge, over 85 kilometres (53 mi) of new cycle paths, and the implementation of congestion charging if congestion does not decrease.
- Durham County Council (for Durham City) £300k
- Leeds City Council and Metro. Application amount to be confirmed.
- Manchester congestion charge and Greater Manchester Transport Innovation Fund £1,250k
- Shropshire County Council (for Shrewsbury) £480k
- Tyne and Wear £950k
- West Midlands conurbation £2600k
Read more about this topic: Transport Innovation Fund
Famous quotes containing the word bidders:
“When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.”
—Edmund Burke (1729–1797)