Term Contractor for WCC likely to undertake number of schemes. Need to ensure capability and capacity does not become an issue. Provisional Funding LuWi raised with DaCr form of words Dave Crook HMG 31 October Amber – – Assurance: being devised by DfT to provide comfort to LAs. DaCr to forward on Assurance about future funding when received. for scheme promoters e.g. – SLR: Assurity about full grant for WCC Cabinet to agree to scheme and funding strategy including prudential borrowing arrangements etc. Date Mitigating Actions Issue Owner Date Reviewed/Closed Issue Description Issued Raised Ability to monitor and track housing units and September jobs created as interventions are implemented. 2014 Issues Lack of clarity re: flexibility of LGF funding re: April 2014 Broadband from 2015/16 into future years LEP Governance structures are hampering the May 2014 Revise board structures (done) GW (WLEP) 31st Oct. degree to which it can be granted further Agree MOU with accountable body DC (HMG) 28 Oct Quad meeting – financial flexibility over the growth fund Invite LEP chair to join joint leaders LW (WLEP/WCC) 21 Oct board (31st Oct) - done
Term Contractor for WCC likely to undertake number of schemes. Need to ensure capability and capacity does not become an issue. Provisional Funding Assurance: Assurance about future funding for scheme promoters – e.g. SLR: Assurity about full grant for WCC Cabinet to agree to scheme and funding strategy including prudential borrowing arrangements etc. LuWi raised with DaCr – form of words being devised by DfT to provide comfort to LAs. DaCr to forward on when received. Dave Crook – HMG 31 October Amber Issues Issue Description Date Issued Raised Mitigating Actions Issue Owner Date Reviewed/Closed Ability to monitor and track housing units and jobs created as interventions are implemented. September 2014 Lack of clarity re: flexibility of LGF funding re: Broadband from 2015/16 into future years April 2014 LEP Governance structures are hampering the degree to which it can be granted further financial flexibility over the growth fund May 2014 Revise board structures (done) Agree MOU with accountable body Invite LEP chair to join joint leaders board (31st Oct) - done GW (WLEP) DC (HMG) LW (WLEP/WCC) 31st Oct. 28 Oct – Quad meeting 21 Oct
Board-Papers-for-Meeting-on-20.11.14.docx