As part of planning permission, a Developer may be required to enter into a Section 278 Agreement bond which obliges them to undertake modifications or improvements to the existing highway to account for the impact of a new development.
The nature of the types of works a Developer is required to undertake as part of a S278 agreement include:
- Construction of new junctions, with and without traffic lights
- Construction of roundabouts
- Construction of cycle lanes or improved footpath network
- Construction of traffic calming measures (speed humps, road narrowing, etc)
- General improvements works (street lighting, resurfacing works, etc)
The relating Section 278 Agreement bond enables the Local Authority access to funds to satisfy the Developers outstanding obligations should they default on the particulars of the agreement.