Decision details

Approval for the scheme to progress through Activity 4 (Full Business Case) and work commence on Activity 5 (Full Business Case with finalised costs)

(i)              In respect of the Knottingley Skills, Business and Services Hub the Investment Committee approved that:

(a)        The Knottingley Skills, Business and Services Hub scheme proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs)

(b)        An indicative approval to the Combined Authority’s contribution of up to a maximum of £1 million 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 £3 million.

(c)        Development costs of £0.157 million are approved to progress the scheme to decision point 5 (full business case with finalised costs), taking the total scheme approval to £0.157 million. 

(d)        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.