Issue details
Local Growth Fund, Getting Building Fund and Economic Development Fund change requests
There is a requirement that all Local Growth
Fund (LGF) grant funds are spent by March 2021 and also a condition
that the Getting Building Fund (GBF) is spent within the financial
year it was awarded, that being £6.85m in 2020/21 and
£6.85m in 2021/22.
Owing to the need to manage scheme changes, including any necessary
funding swops to ensure full grant spend, in advance of the next
WECA / Joint Committee meeting, the following delegations to the
WECA Chief Executive in consultation with the West of England Chief
Executives were granted at the 29 January 2021 meeting of the WECA
/ Joint Committee:
- Approval of changes to funding profile and programme for schemes
within the current LGF, GBF, Economic Development Fund and
Revolving Infrastructure Fund programmes
- Approval of the reallocation of funding for schemes in the
approved LGF/GBF programme including swops with the EDF, and
exceptionally the Investment Fund.
A number of recommended changes to schemes within the current Local
Growth Fund / Getting Building Fund and Economic Development Fund
programme were subsequently identified for approval. The key
changes were:
Local Growth and Getting Building Funds:
*The Emersons Green Local Transport Enhancements, Umbrella and the
South Gloucestershire Sustainable Transport Package projects
jointly report reprofiling of £2.614m of LGF/GBF to 2021/22.
In order to meet LGF spend profiles, it was proposed to swop these
funds with EDF for the Cribbs Patchway MetroBus Extension. Approval
at this time will enable this to be picked up in the Quarter 3
grant claim.
*The Emersons Green Local Transport Enhancements and Umbrella
projects are also in the GBF programme. Whilst this has an end date
of 2021/22, given the requirement to spend half the programme award
this year, this change has necessitated a request to MHCLG for the
inclusion of an additional project in the GBF programme, that being
the Bath Quays North Infrastructure Development Works. It should be
noted that these changes do not alter the overall funding awarded
to these projects, just the funding blend.
The Chief Executives of the West of England unitary authorities
were consulted on these proposals and were in agreement with the
decision.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 03/03/2021
Decision due: 18 Feb 2021 by Chief Executive, West of England Combined Authority
Contact: Patricia Greer, CEO Email: patricia.greer@westofengland-ca.gov.uk.
Consultation process
The Chief Executives of the West of England
unitary authorities were consulted on this proposal.
Decisions