The Secretary of State for Transport has made £6 billion of capital funding available between 2015/16 and 2020/21 for local highways maintenance. There is also a further £250 million for a dedicated Pothole Action Fund.
In order to determine how the funds will be allocated from 2016/17, each local highway authority in England (excluding London) is required to compile a report answering 22 questions with 3 assessment bands. These reports are then assessed by government to determine the level of funding awarded to individual authorities who are effectively competing against each other.
One of the key requirements (covered by 2 of the questions) of the Incentive Fund is that the council has a Highway Asset Management Policy and Strategy.
The purpose of the Highway Asset Management Policy and Strategy is to provide a clear position detailing how the council will maintain the highway network to ensure that it is adequate to support the growth of the city and specifically to meet the council’s strategic priorities.
You can read the draft policy and strategy on the Highway Asset Management Policy and Strategy page and find details about how to comment on the strategy.