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Funding has been secured through a combination of £165 million of specific Department for Transport capital grant, £105 million of additional capital grant funding from the Government through the Earn Back model, and £20 million of Local Transport Plan (LTP) funding.
The funding was approved following the submission of the Business Case November 2012.
Coun. Sue Derbyshire, Leader of Stockport Council said: “This is good news for Stockport, the confirmation of the ‘Earn Back’ agreement between the Greater Manchester Combined Authority and the Government means that we now have the full £290m we require to build the A6 to Manchester Airport Relief Road.”
The announcement follows the second phase of consultation for the A6 to Manchester Airport Relief Road, which ran between 3rd June and 19th July. The consultation gave feedback on the first phase of consultation and asked questions on aspects of the emerging preferred scheme.
Subject to planning approval, construction of the road is expected to take place between 2014 and 2017.