LIP funding is the process through which TfL provides financial support to boroughs for schemes to improve their transport networks in line with Mayor's Transport Strategy objectives.
The latest LIP delivery plan is on the LIPs page in Publications & reports.
We provide boroughs with financial support for schemes to improve their transport networks.
Funding is allocated under five 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.
Funding for Principal road maintenance and bridge strengthening is awarded to roads and bridges most in need of repair, and is established through condition surveys.
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.
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 apply for funds, allocate funds, report on scheme progress, and the subsequent claiming of funds from TfL.