U64czJi8
type: Answer
type: WrittenAnswer
answer has question: FA5PmRKK
answer has answering person: A9lFjU0c
answer text: Responsibility for promoting new mass transit schemes, or extensions to existing networks, is devolved to local transport authorities (LTAs) in England. LTAs are best placed to bring forward new mass transit proposals, which could include light rail or tram technology, based on local transport challenges and opportunities. Currently, the principal way LTAs can access Government funding for mass transit schemes which they wish to prioritise is through the City Region Sustainable Transport Settlements (CRSTS) for eligible Mayoral Combined Authorities. West Midlands Combined Authority has been allocated a Settlement of £1.05 billion between 2022/23 and 2026/27. In the East Midlands, Nottingham Express Transit is financed under a private finance initiative structure. The current contract, which was signed in 2011, expanded the tram network, doubling the previous size. The cost of this expansion will be met over the 23-year life of the contract, and the Department for Transport makes an annual contribution of £24.95 million per annum, alongside a contribution from Nottingham City Council to pay for this scheme.
answer given date: 2023-09-27+01:00
answer has answering body: XouN12Ow
written answer has answering body: XouN12Ow