Issue - decisions

(i)          The Bus Franchising Needs Assessment project proceeds through decision point 2 (strategic outline case) and work commences on activity 4 (full business case).

(ii)         An indicative approval to the total project value of £7,000,000 is given with full approval to spend being granted once the scheme has progressed through the assurance process to Decision Point 5.

(iii)       Development costs of £1,000,000 are approved in order to progress the scheme to Decision Point 5, taking the total project approval to £1,000,000.

(iv)       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.