In respect of Skills [re]boot project, the Combined Authority approves:
(i) That the [re]boot project proceeds through decision point 2 and work commences on activity 5 (full business case with finalised costs).
(ii) That an indicative approval to the total project value of £3.145 million is given (of this, the Combined Authority’s contribution will be £2.870 million which will be funded from an anticipated ESF grant of £1.573 and £1.297 million from Section 31 reserves). Full approval to spend will be granted if the scheme is successful in securing ESF funding and once the scheme has progressed through the assurance process to decision point 5 (full business case with finalised costs).
(iii) That future approvals are made in accordance with the approval pathway and approval route outlined in the submitted report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Investment Committee. This will be subject to the scheme remaining within the tolerances outlined in the submitted report.
To approve that:
· The [re]boot project proceeds through decision point 5 and work commences on activity 6 (delivery).
· An approval to the total project value of £3.145 million is given (of this, the Combined Authority’s contribution will be £2.870 million which will be funded from an ESF grant of £1.573 and £1.297 million from Combined Authority Section 31- Local Skills Funding). The remainder will be funded by the private sector and Leeds Trinity University.
· The Combined Authority enters into a Funding Agreement with DWP to deliver [re]boot to the value of £1.573 million from an ESF grant.
· The Combined Authority enters into a Service Level Agreement with Leeds Trinity University as a Delivery Partner on the [re]boot scheme.