This report summarises the economic cases for bids receiving funding under Cycle City Ambition and Cycling in National Park grants.
This note summarises the analysis and evidence from the economic cases of the successful bids for funding under Cycle City Ambition and Cycling in National Park grants. It also briefly explains the methods used to support the analysis. This includes the final benefit cost ratios (BCRs), the main types of benefits behind both cities and National Parks schemes and the assumptions used within the appraisal.
The combined BCR for the funding stream as a whole is 5.5:1. The analysis suggests that non-monetised impacts are likely to be minor and overall positive. The grants are therefore considered to deliver very high value for money.