LIP funding is the process through which we provide boroughs with financial support. The funding is for schemes to improve their transport networks in a way that is consistent with and supports the Mayor's Transport Strategy.
These schemes are detailed in each borough's LIP. A three-year outline programme is reviewed annually, and a detailed one-year programme is submitted for funding approval for the following financial year.
Older LIP documents are on the LIPs page in Publications & reports.
After collaborating with London Councils and boroughs throughout 2017, we have now published guidance for the third round of LIP development. This has been published alongside the 2018 Mayor's Transport Strategy.
The purpose of this guidance is to help with the preparation and approval of the third round of LIPs by:
The third round LIPs will become effective from April 2019. The following guidance was published in March 2018.
Funding is allocated under six main programmes:
Corridors, neighbourhoods and supporting measures funding is allocated using a formula that was agreed with London Councils and the London Technical Advisory Group (LoTAG) in 2010.
Bids for Liveable Neighbourhoods funding and Bus Priority funding on borough roads are made to TfL. We assess them against our own bidding guidance and the benefits that the schemes are expected to achieve, such as more walking, cycling and use of public transport through more reliable journeys.
Funding is released based on completion of stages in the projects, such as the completion of designs.
Funding for principal road maintenance and bridge strengthening is awarded to roads and bridges most in need of repair. Condition surveys are used to establish this need.
Each year, London boroughs must submit a LIP annual spending submission with specific details of individual schemes they want to take forward. At the end of the financial year, each borough must submit a report on how they have delivered a range of priorities such as cycle parking, 20 mph zones and pedestrian crossings.
To see what each borough put in their LIP funding letter, see Information by borough.
The LIP formula funding allocations for 'Corridors, Neighbourhoods and Supporting Measures' are calculated for each borough.
The Boroughs Portal is a web-based system that we, along with boroughs and partnerships, use to manage LIP and non-LIP funding that we provide.
The Portal is used to manage funds, report on scheme progress, and the subsequent claiming of funds from TfL.