Decision Maker: West Yorkshire Combined Authority
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Approval to repay development costs incurred
by partners and to enable further development work on TCF schemes.
Approval to programme management and benefits realisation
allocations from the TCF programme funding.
Resolved: That following a recommendation from the Investment Committee, the Combined Authority approves:
(a) That £11.851m of TCF funding is approved to repay development costs incurred by partners and enable further development work on the projects within the programme to enable progression to their next Decision Points of the Assurance Framework.
(b) That up to £3m TCF funding is approved, to re-pay spend incurred to date on early development work, previously approved from the Transport Fund Transformational Pot.
(c) That the Combined Authority enters into Funding Agreements with partners for expenditure plus the spend incurred to date on early development work, previously approved from the Transport Fund Transformational Pot from the Transforming Cities Fund.
(d) That the £4.930m TCF Programme Management allocation is approved to enable the Combined Authority to effectively undertake Programme Management functions for the lifetime of the TCF funded programme.
(e) That the £1.00m TCF Benefits Realisation allocation is approved, to enable the Combined Authority to provide monitoring and evaluation of the overall programme in line with DfT expectations
Report author: Fiona Limb
Publication date: 25/06/2020
Date of decision: 25/06/2020
Decided at meeting: 25/06/2020 - West Yorkshire Combined Authority
Effective from: 03/07/2020