Fifth Report - Local economic growth
Select Committee
Public Accounts Committee
HC 252
8 June 2022
Recommendations
1 results
3
Accepted
We are concerned that optimism bias has meant realistic bids to the Levelling Up Fund...
Recommendation
We are concerned that optimism bias has meant realistic bids to the Levelling Up Fund have missed out at the expense of ‘shovel-ready’ projects that have since been beset with delays. The Department told us that, four weeks from year …
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Government Response Summary
The government agrees, and has a robust process in place to safeguard value for money and ensure deliverability, and has worked with successful applicants to ensure necessary baselining and preparedness for delivery, so they are already addressing the issue.
HM Treasury
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Conclusions (1) Observations and findings — click to expand
18
Conclusion
Accepted
The Department told us that getting started on delivery was, in many cases, taking longer than expected but that it did not want to penalise places now that they had got through the assessment process. We heard that delays have often been for good reasons such as areas taking more …
Government Response Summary
The government agrees, and has a robust process in place to safeguard value for money and ensure deliverability, and has worked with successful applicants to ensure necessary baselining and preparedness for delivery, so they are already addressing the issue.