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.

Official sources