A transparent project and programme management regime will now be put in place which will oversee and report on the process over the next 3 – 10 years. Deal partners will demonstrate the value for money case for each of the projects through the development of Outline Business Cases, before any funding is made available. This process will take 18-24 months to develop. All project commitments in this document are then subject to the approval of Full Business Cases (FBCs) unless agreed otherwise by central Government. Business cases will demonstrate value for money for each project and how projects will contribute to the vision of inclusive growth before funding is made available.
HoT Launch Event