Medway Council Business case for: Strood Town Centre Local Growth Fund: Journey time, accessibility, public realm and retail centre improvements to facilitate regeneration and growth - for submission to Department for Transport Version 2a – 24th February 15 LOCATION OF PROJECT: Strood town centre PROJECT SPONSOR (local authority): Medway Council PROJECT MANAGER (lead officer): Steve Hewlett Contact phone number: 01634 331103 Contact e-mail:
[email protected] Contents Executive Summary 1.0 Introduction 1.1 Purpose of Report 1.2 Background of proposals 1.3 Local context 1.4 Scheme Description 1.5 Strood Station proposals 1.6 Structure of Report 2.0 The Strategic Case 2.1 Strood Economy 2.2 Current Transport-Related Problems 2.3 Policy Context 2.4 Scheme Objectives & Success Criteria 2.5 Scheme Definition & Options Appraisal 2.6 Risk Assessment 3.0 The Economic Case 3.1 Overview of Appraisal Process 3.2 Assumptions 3.3 Summary of Impact Appraisal 4.0 The Financial Case 4.1 Overview of Affordability Assessment 4.2 Project Costs 4.3 Budget provision 4.4 Funding Risks 5.0 The Commercial Case 5.1 Programme & Milestones 5.2 Approach taken to assess commercial viability 5.3 Procurement strategy 6.0 The Management Case 6.1 Governance & Resources 6.2 Communication and Stakeholder Management Strategy 6.3 Monitoring & Evaluation 7.0 Conclusions Tables Table 2a – Scheme Objectives Table 4c – Cost Profile Table 2b - Summary of Scheme Option Table 4d – Cost Profile by Expenditure Item Assessment and Sifting Table 5a - Delivery programme Table