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.
Since the 2018 Mayor's Transport Strategy (and associated LIP guidance documents) was published, every borough has produced their third LIP. These have all now been approved by the Deputy Mayor on behalf of the Mayor.
These LIPs include the boroughs' targets for contributing to the Mayor's Transport Strategy Outcomes - we track progress against these every year.
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.
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 the allocation of funds, report on scheme progress, and to subsequently claim funds from TfL.