Purpose

To seek approval for the submission of a Full
Business Case (FBC) to the West of England Combined Authority (MCA)
for the City Regional Sustainable Transport Settlement (CRSTS)
funding and subject to approval, to accept and invest the funding
to deliver the City Centre Transport Corridor – Bond Street
improvements.

Content

That the Committee for Transport and
Connectivity:

1.       
Approved submission of the Bond St Full Business Case for
approval at West of England Mayoral Combined Authority (MCA)

2.       
Authorised the Executive Director for Growth and
Regeneration in consultation with Chair of the Transport and
Connectivity Committee and Section 151 officer, subject to approval
of the Full Business Case by the MCA to

a.        Take
all steps required to accept and invest the CRSTS funding amount as
set out in this report and appendices

b.       Procure and
award all necessary contracts for this project (including any over
£500k), in line with the maximum budget envelope outlined in
this report