That's not what the press release says on Lancs CC website. Unfortunately, I'm struggling with copy and paste due to an ancient phone!
Let me revise what I originally said.
If Lancs CC are paying from all of the next stage, and if they have approved it, then it will go to the next stage, and good luck to them.
If they are expecting any central Government funding, then Treasury need to approve it (with DfT approval first), and I don’t think that has happened.