Decision details

Wednesbury - Brierley Hill Metro Extension Funding Mitigation Measures

Decision Maker: WMCA Board

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider the latest progress in securing the mitigation measures for addressing the funding gap identified for phase 1 of the project and to close the funding gap for the full scheme.

Decision:

(1)       The update on the delivery and financial status of the West Midlands Metro network for the Wednesbury - Brierley Hill extension was noted.

 

(2)       It was noted that the specific financial details concerning the funding strategy were presented as a private addendum to the report for commercially confidential reasons.

 

(3)       The delivery strategy, which was intended to enable progression of the programme against the available funding sources and authorising continued progression of Wednesbury - Brierley Hill extension delivery to an interim Merry Hill terminus, subject to ongoing discussions with Dudley Metropolitan Borough Council with regard to funding, was agreed.

 

(4)       It was noted that in agreeing the funding and delivery strategy, there were dependencies, including the need for the Department for Levelling Up, Housing & Communities to agree the business case for additional funding agreed in principle through the Deeper Devolution Deal, the WMCA and the Department for Transport to separately approve changes to the City Region Sustainable Transport Settlement programme and Single Funding Pot, and the requirement for the successful refresh of business cases for the relevant individual schemes.

Report author: Anne Shaw

Publication date: 13/06/2023

Date of decision: 09/06/2023

Decided at meeting: 09/06/2023 - WMCA Board

Accompanying Documents: