I may stand corrected, but that would be, by a distance, the largest s106 ever!
I jest, but only slightly. If you're asking for a second runway, the price back in 2008 was £4bn, and is probably in the £5-6bn now, depending on the size of the terminal. Two things make me think that there may be something in the idea of a £300-£600m s106 fund (5-10%).
First, given the (significant and voluble) opposition to Stansted expansion, the local population in Dunmow / Braintree need to be bought off; the railway is a good start.
Second, Stansted needs to move up the value chain, which means more than cheep-as-chips flights to the continent. But every long-haul carrier wants something different to Stansted (called Heathrow), so getting a major carrier (or alliance, ideally) to make Stansted a hub is going to require a comparable service to Gatwick at least. And if I'm Manchester Airport Group (owners of Stansted), I want to make more money from higher margin business - the train and second runway are pretty key to this.
So, maybe....! (After all, s106 has unlocked funding for Northern Line to Battersea - whatever you think of this as an idea.Incidentally, I suspect that the support to Crossrail is the biggest.)
Tobbes
