ICE's Budget 2020 submission

The submission highlights the outcomes to target from any planned increase in infrastructure investment:

• Deliver a national infrastructure strategy to address, in a sustainable way, the impacts of a population growing to 75 million in the coming decades
• Build up regional strategic planning capability to ensure no part of the UK is held back due to lack of infrastructure investment
• Take tangible steps to target low productivity in infrastructure delivery
• Support the evolution of funding models so that the future infrastructure system pays for itself

And the measures that are needed at Budget 2020 to deliver on those outcomes:

• Deliver a joined-up, evidenced-based National Infrastructure Strategy based on the National Infrastructure Assessment
• Devolve funding to focus on immediate priorities such as asset maintenance
• Put in place the institutional framework to identify long-term regional strategic need and priorities
• Take tangible steps to target low productivity in infrastructure delivery including offsite construction and Project 13
• Support the evolution of funding models so that the infrastructure system pays for itself in the future
• Support the levelling up agenda by creating a UK financial institution to replace access to the European Investment Bank