PORTFOLIO BUSINESS CASE 2024
Alwen
Williams (Portfolio Director) and Hedd Vaughan-Evans (Head of Operations) to
present the report.
Decision:
1.
To approve the 2024 update of the Portfolio
Business Case and its submission to the Welsh Government and UK Government as
part of the annual award of funding process.
2.
To request that the Portfolio Director submit all
required documentation and change request form to the Welsh and UK Governments
as part of the annual award of funding process and delegate to the Portfolio
Director, in consultation with the Vice-chair of the North Wales Ambition
Board, the Monitoring Officer and the s151 Officer, authority to negotiate with
the Welsh Government and UK Government on the timing of the award of funding
and to make any minor amendments for either government.
3. To
note the Gateway Review report and request that the Portfolio Director develop
an action plan to address the recommendations.
4. To
approve the withdrawal of the Deeside Anaerobic Digestion plant project from
the North Wales Growth Deal.
5.
To agree the approach to
projects that are at risk of reallocation of funding and ask the Portfolio
Director to initiate the process and report to the Board on the main decision
points set out in Appendix 5.
6.
To arrange a meeting with relevant Welsh Government
and UK Government Ministers, ensuring that additional strategic matters are
arranged in advance to provide further certainty in the North Wales Economic
Ambition Board Portfolio Business Case.
Minutes:
The report was
presented by
DECISION
1.
To
approve the 2024 update of the Portfolio Business Case and its submission to
the Welsh Government and UK Government as part of the annual award of funding
process.
2.
To
request that the Portfolio Director submit all required documentation and
change request form to the Welsh and UK Governments as part of the annual award
of funding process and delegate to the Portfolio Director, in consultation with
the Vice-chair of the North Wales Ambition Board, the Monitoring Officer and
the s151 Officer, authority to negotiate with the Welsh Government and UK
Government on the timing of the award of funding and to make any minor
amendments for either government.
3.
To note the Gateway Review
report and request that the Portfolio Director develop an action plan to
address the recommendations.
4.
To approve the withdrawal of
the Deeside Anaerobic Digestion plant project from the North Wales Growth Deal.
5.
To agree the approach to
projects that are at risk of reallocation of funding and ask the Portfolio
Director to initiate the process and report to the Board on the main decision
points set out in Appendix 5.
6.
To
arrange a meeting with relevant Welsh Government and UK Government Ministers,
ensuring that additional strategic matters are arranged in advance to provide
further certainty in the North Wales Economic Ambition Board Portfolio Business
Case.
REASONS FOR THE DECISION
The reasons were stated within the report.
DISCUSSION
The report was
discussed.