£20m for new rail station bids

 

The Department for Transport (DfT) has released a further £20m to fund new rail stations.

The Government is inviting bids from local authorities and train operating companies, with an eye to boosting local growth with the new developments.

”Local

This latest tranche of cash from the new stations fund will provide up to 75% of the cost for construction of new stations or to reopen previously closed stations, the department said.

Rail Minister Paul Maynard said: ‘The new stations fund is a great example of how our record investment in the railways and work with local authorities and industry is delivering better journeys for passengers.

‘Through this fund, passengers will benefit from new connections and faster journeys, making it easier to get to work and visit friends and family. It will also provide a major boost for local economies and support the delivery of local housing developments.’

The deadline for bidders for the second round of funding is 18 November 2016 with an announcement of successful projects expected to be made early next year.

If you are interested in bidding for this funding, visit the Network Rail website here.

 

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