I think this is still going through one of those will-they-won't-they funding dances. The money has been devolved from
DfT» to the new
Oxfordshire Local Transport Board but comes via the Local Enterprise Partnership. How much they get is a bit of a mystery - at least ^M10.6 over four years, but their priority list runs to ^M128, so giving 2/3 of that total to this one bridge seems a bit surprising. The initial gesstimate of total cost was ^M10, which sounds like a standard budgetting figure for an overbridge.
The proposal (as in July 2013) is:
A new all-modes road bridge across the railway (or road underpass plus pedestrian overbridge) at London Road. Alternatively a new link road from the A41 overbridge to London Road (and pedestrian overbridge) or a new link road from Charbridge Road to Launton Road (plus pedestrian overbridge).
I can't see why you would want a bridge there - it would funnel more traffic straight into the centre of town - so one of the alternatives looks a better bet.
Further down the priority list is:
Conversion of current level crossing of A4144 Bicester eastern perimeter road with Oxford-Bletchley Railway line into grade separated over/under-bridge. Part of wider scheme to promote an eastern route around the town for strategic and employment traffic, to reduce congestion in the town centre and enable sustainable transport movements within the town.
This one is not being proposed for LTB?
LEP» funding.