Decision details

Approval for the scheme to progress through Activity 4 (Full Business Case)

(i)              In respect of the Bradford ‘City Village’ Phase 1 the Investment Committee approved that:

(a)        The Bradford City Village Phase 1 scheme proceeds through decision point 4 (full business case) and work commences on activity 5 (full business case with finalised costs)

(b)        An indicative approval to the Combined Authority’s contribution of £3 million, which will be funded from the Getting Building Fund, is given with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (full business case with finalised costs). The total scheme value is forecast at £23.3 million with the remaining £20.3 million funded by Bradford Council.

(c)        Future approvals are made in accordance with the assurance pathway and approval route outlined in this report. This will be subject to the scheme remaining within the tolerances outlined in this report.