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Tue September 29 2020

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More bids wanted for £100m rail station improvement fund

5 Sep 11 Network Rail is calling for applications for a share of the next wave of funding from its £100m station improvement fund before the deadline at the end of September.

The first 15 projects funded by phase one of the programme, together worth £21m, include car park improvements, station redevelopments and smart ticketing scheme.

The fund was launched by Network Rail and the Association of Train Operating Companies (ATOC) earlier this year and is open to any stations of any size across the country. To be eligible, proposals must make improvements to stations and also reduce the overall public subsidy for rail by generating a financial return.

Network Rail director of stations and customer service Mike Goggin said: “This new fund will improve facilities for passengers without increasing the burden on the taxpayer. The second wave of funding is open for bids and we’d encourage the rail industry, local authorities and third parties to work together to come up with some more great ideas.”

Phase two of funding will be released later this year for which proposals are requested by 30 September 2011.

There is no cap on the maximum value of the proposals, which can be up to the remaining value of the £100m, and bids are welcomed from outside the rail industry. Proposals will be assessed by a panel including the Department for Transport, ATOC and Network Rail.

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