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15
Jun 2020
North Yorkshire County Council has set up a limited company that will begin running its highways operations in June next year.
NY Highways Ltd will take over the current £40 million a year contract that the council currently has with Ringway to maintain North Yorkshire's roads.
The council says that this new arrangement will give them greater flexibility and control and will also remove "contractual constraints".
Not only will NY Highways Ltd repair and build roads for North Yorkshire but it also plans to expand to other local authorities and the private sector.
The council says that NY Highways has a revenue budget of £20 million and a capital budget of £35 million with an expected turnover of £60 million.
Councils across the country have set up limited companies to look after different sectors. Harrogate Borough Council will this week decide on plans to create a company to look after its leisure portfolio.
Unison spoke out about that decision and said it feared that jobs would be under threat in the leisure sector as the council looked to save around £400,000 a year.
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