Decision details

Strategic Investment Fund Overprogramming

Decision Maker: Liverpool City Region Combined Authority

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Update on level of funding allocated from the Strategic Investment Fund and recommendation as to over-programming of the Fund

Decision:

RESOLVED – That, in relation to progress in investing the Strategic Investment Fund (SIF) for the programme period of April 2021 to March 2026:

 

(a)    the report be noted;

(b)    it be noted that in addition to existing projects recent bids for funding had been received from Local Authorities and work was currently in progress to appraise these; and

(c)    the proposed approach to over-programming of the Strategic Investment Fund by up to £60m be approved, noting that approval for any additional projects would be subject to the Combined Authority Assurance Framework and Combined Authority approval.

Report author: David Anderson

Publication date: 05/03/2023

Date of decision: 03/03/2023

Decided at meeting: 03/03/2023 - Liverpool City Region Combined Authority

Effective from: 11/03/2023

Accompanying Documents: