|
|
|
As accountable body for the scheme the District Council in
partnership with Suffolk County Council will undertake financial
management. Normal local authority accounting and audit procedures
will be applied. Waveney’s Executive committee has approved
a report detailing the financial responsibilities and risks
associated with the scheme and a draft version of this delivery
plan. All project phases where EEDA is contributing over £250,000
will be subject to a full appraisal and approval by EEDA.
As our partners at Suffolk County Council are undertaking
much of the project expenditure, a detailed partnering agreement
outlining the arrangements for delivery of works and associated
transfers of external grant monies will be entered into.
The Chamber of Commerce are also party to this agreement,
as they will assist in delivering part of the town manager
initiative, provide office space and support (part time) for
the town manager and will be responsible for continuing the
initiative after 3 years (using income raised, sponsorship
and subscriptions).
|
|
|
