Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

New funding plan for Mersey bridge

11 February 2011
 

Halton Council is changing the funding model for the Mersey Gateway bridge, in order to maximise value for money.

The £600m (outturn cost) crossing was originally to be funded using £123m of Government PFI credits, and toll revenues from the new bridge and the existing Silver Jubilee Bridge.

Project director Steve Nicholson told LTT that ministers were considering making a capital grant contribution to the project instead of paying PFI credits.

He explained that last...

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