New Stations Fund (third round)

Announced on 28 January 2020, the third round of the New Stations Fund (NSF) is expected to offer up to £20m towards proposed railway stations in England and Wales. The funding can be sought for up to 75% of the capital costs for construction of the railway station. The latest updates can be found by using the New Stations Fund 3 tag.

The application forms, guidance and FAQ are available on the Network Rail website

The fund was one of three funding options released under the Restoring Your Railway fund banner

On 26 November, the Department for Transport confirmed that three railway stations had been successful for funding to support their construction as part of an enlarged £32m fund.

  • Edginswell
  • Thanet Parkway
  • St Clears

Two further railway stations received further funding to develop their proposals

  • Haxby
  • Deeside Parkway

Timeline

28 January 2020 – Government announces Restoring Your Railway fund with £20m allocated towards New Stations Fund 3

February 2020 – Network Rail launches application forms

5 June 2020 – Deadline for applications

August 2020 – Assessment of winning bids expected to be completed

Autumn 2020 (26 November 2020) – Winning bids announced

February 2024 – GRIP stage 7 should be achieved

May 2024 – Railway stations should be constructed and opened

Source: gov.uk

Previous rounds of New Stations Fund

Further information about the first and second rounds of the New Stations Fund can be found by clicking on Round 1 and Round 2.