Oxfordshire County Council is on the lookout for firms to help prepare £320M of funding bids for new infrastructure works.
A Prior Information Notice (PIN) explained how the council is hoping to win £320M of funding from the government’s £5bn Housing Infrastructure Fund (HIF) to support 100,000 new homes..
The HIF was set up to help councils meet infrastructure needs arising from new housing developments, which are crucial to tackling England’s chronic housing shortage.
The council is looking to “forward fund” the infrastructure needed for its 100,000 new homes anticipated in the county by 2031.
Firms would help prepare two Strategic Outline Business Cases, one for new roads associated with Didcot Garden Town (£175M) and one for works for the A40 Smart Corridor (145M). It would include preparing designs, creating cost estimates and carrying out an appraisal of the schemes’ transport benefits.
A council spokesperson said: “Without the transport infrastructure these areas will struggle to deliver the planned growth and this will not only affect the Oxfordshire economy but the UK economy.”
Interested parties have just two weeks to express their interest. A full tender will be released after that and a more detailed briefing will be sent to firms.