Decision details

Peterborough Station Quarter Full Business Case Update

Decision Maker: Combined Authority Board

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To recommend to the CA Board the approval of the Peterborough Station Quarter Full Business Case

Decision:

RESOLVED:

A.    To note that the Investment Committee (13 January 2025) agreed to recommend to the Combined Authority Board to agree the Full Business Case (FBC) which is being submitted to Department for Transport. With their approval, this would then enable the drawdown of funding from the £47.85m capital investment from HM Government’s Levelling Up Fund.

B.    To note that subject to the Department for Transport's approval of the Final Business Case (FBC), a Grant Funding Agreement will be executed with Peterborough City Council, in accordance with the delegations granted by the Combined Authority Board in March 2023.

Report author: Gidon Wieder

Publication date: 27/01/2025

Date of decision: 24/01/2025

Decided at meeting: 24/01/2025 - Transport and Infrastructure Committee

Accompanying Documents: