LCRIG becomes Community Interest Company
The Local Council Roads Innovation Group (LCRIG) is now officially established as a Community Interest Company (CIC).
Chief executive Martin Duffy has been going through the legal process of establishing LCRIG as a CIC which means that the organisation can now operate along the lines of any other limited company.
LCRIG is now in a position to procure goods and services, lease offices and apply for government funding.
Mr Duffy said: “Becoming a Community Interest Company will allow LCRIG to move on to the next level. The organisation has evolved rapidly over a short period and this news means that LCRIG is now better positioned to provide a real benefit to the industry.
“We’re already at the centre of sharing good practice, skills, experience and knowledge across the sector. Now that we’re a CIC it puts us in an even stronger position and will open up opportunities to secure funding that will enable further progression in these areas. Ultimately, we want to help all of our members and this means that we’ll be able to give even more back to the sector.”
LCRIG president Will Britain added: “This is a really exciting development for LCRIG. When I first founded the organisation in 2013 I never imagined that we would get to this point. The aim then was to encourage councils to work together and with the ‘highways community’ to support the Department for Transport to deliver innovation on a national level.
“This is something we will now be able to help with on an even bigger scale. The industry continues to face challenges and I’m delighted that LCRIG is now even better positioned to help the sector meet them.”
LCRIG worked with Anthony Collins Solicitors who provided the legal guidance needed to become a Community Interest Company.