SOCIETY 5.0 MANUFACTURING AND BUSINESS CAPABILITY PROJECT – BUSINESS JUSTIFICATION CASE PLUS (BJC+)
Elliw
Hughes to present the report.
Decision:
DECISION
1. To approve the Business Justification Case (BJC+) for the Society 5.0
Manufacturing and Business Capability Project, subject to Welsh Government and
UK Government approval of the assurance process undertaken.
2. To delegate to the Portfolio Director in consultation with the Chair,
Vice-Chair, Section 151 Officer and Monitoring Officer to confirm the final
costs and benefits post procurement are in line with the approved business case
and enter into a funding agreement with Wrexham University for the delivery of
the project, subject to Wrexham University addressing the outstanding issues
set out in section 7 of the report and securing all necessary internal
approvals for the project.
3. That the approval from the Sub-committee is valid for a period of six
months and should the project not proceed to a signed funding agreement during
this time, it will be required to return and re-present the business case to
the Sub-committee for approval.
Minutes:
The report was
presented by Elliw Hughes, Growth Deal Programme Manager.
RESOLVED
1.
To approve the Business Justification Case (BJC+)
for the Society 5.0 Manufacturing and Business Capability Project, subject to
Welsh Government and UK Government approval of the assurance process
undertaken.
2.
To delegate to the Portfolio Director in
consultation with the Chair, Vice-chair, Section 151 Officer and Monitoring
Officer to confirm the final costs and benefits post procurement are in line
with the approved business case and enter into a funding agreement with Wrexham
University for the delivery of the project, subject to Wrexham University
addressing the outstanding issues set out in section 7 of the report and
securing all necessary internal approvals for the project.
3.
To ensure that approval from the Sub-committee is valid for a period of
six months and should the project not proceed to a signed funding agreement
during this time, it will be required to return and re-present the business
case to the Sub-committee for approval.
REASONS FOR THE DECISION
To seek the
Sub-committee’s approval of the Business Justification Case for the Society 5.0
Manufacturing and Business Capability Project.
DISCUSSION
The Report was discussed.