Issue - meetings

1.    There have been no new approvals of business case submissions under delegated authority by WMCA Officers since previous meeting of the Investment Board be noted;

2.    The WMCA Investment Programme funding status and current affordable limit as outlined in section 4 of the report be noted and

3.    The Regional Investment Programme delivery update detailed within the report and appendices (including the project-level summary within the WMCA Investment Programme dashboard at Appendix 2) of the report be noted.

The board considered a report of the Director of Commercial and Investment

on the status of the Investment Programme to help set the context for any

decisions being made.

The report provided an analysis of the overall regional investment

Programme expenditure, funded grants administered by the WMCA and

Match funding sources.

The Director of Commercial and Investment, Ian Martin, reported that

approved grant funding awarded an administered by the WMCA to

programmes within the Regional Investment Programme totals £853.7m as

of 31 October 2023 (no overall change since the last report to Investment

Board as at 30 September 2023).

Resolved that:

1.    There have been no new approvals of business case submissions under delegated authority by WMCA Officers since previous meeting of the Investment Board be noted;

2.    The WMCA Investment Programme funding status and current affordable limit as outlined in section 4 of the report be noted and

3.    The Regional Investment Programme delivery update detailed within the report and appendices (including the project-level summary within the WMCA Investment Programme dashboard at Appendix 2) of the report be noted.