Chris Ames 02 February 2024

Hants seeks to avoid cost risk on £125m scheme

Hants seeks to avoid cost risk on £125m scheme image
Image: Sterling Images / Shutterstock.com.

Hampshire County Council is facing a funding gap on the A326 North Waterside Improvements scheme, if cost increases go beyond a current estimate of £125m.

The authority has agreed to continue developing the major road scheme on the condition that it does not have to use general funding to contribute to the costs or underwrite any increases.

Last week, council leader Rob Humby agreed for the scheme to move to the next stage. He said: ‘This strategically important scheme will address existing issues experienced by those who are living and working in or visiting the Waterside area of the New Forest.

'It will also support the wider Waterside Vision – which sets an ambition for the sustainable growth of the Waterside area – as well as expanding on a £50m investment in schemes to improve transportation and travel that we’ve delivered and are delivering already in this part of the county.’

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