National Productivity Investment Fund

As part of the Autumn Statement 2016 the Government announced the creation of a National Productivity Investment Fund (NPIF) worth in total £23bn. The purpose of the Fund is to increase and rebalance productivity, by relieving congestion and delivering upgrades to local roads and public transport networks.

Bids for NPIF Local Road Network projects are required to promote or facilitate one or more of these aims:

• to ease congestion and provide upgrades on important national, regional or local routes
• to unlock economic and job creation opportunities
• to enable the delivery of new housing developments.

On 21st June 2017, Council Cabinet gave approval to submit two separate bids for:

• A5111 (outer ring road) Transport Network Capacity Improvements.
• Derby Bus Station Extension.

The bids were submitted to the Department for Transport on 30th June 2017.

On 20th October 2017, the DfT announced that we had been successful in our £3.2m bid for the bus station extension.

Outline bid documents for the bus station extension:

• A5111 Outer Ring Road Transport Network Capacity Improvements Bid Document
• Derby Bus Station Extension Bid - National Investment Productivity Fund
• Indicative option for bus station expansion