AQW 5479/17-22 Written question to the Minister of Finance
To ask the Minister of Finance, in relation to the £100m of funding announced for viable capital projects that are complementary to the City/Growth Deals, to detail the (i) specific criteria for eligible projects; and (ii) decision making process for awarding the funding.
Asked by Andrew Muir MLA on 3 July 2020
- Answered
- Written
- Tabled
- 3 July 2020
- Answer due by
- 22 July 2020
- Answered
- 9 July 20206 days after tabling
- Department
- Department of Finance
- Priority question
- No
Answer
The Executive £100m City/ Growth Deals Complementary Fund is open to viable, capital projects which are complementary to City/Growth Deals and aimed at bringing greater prosperity and social benefits to the whole community. Actual allocations will depend on the strength of the proposals and the release of funding will be subject to expenditure approval through the business case process. Proposals should be brought to the City Deals Oversight Group to consider if complementary to the City/ Growth Deal and suitable for funding. Once the Oversight Group is content, I will bring a paper to the Executive for approval of each project.