Common use of FINANCE AND FUNDING Clause in Contracts

FINANCE AND FUNDING. The Combined Authority will create and manage a single pot of infrastructure investment funding which will be used by the Combined Authority to invest in its economic growth, helping to accelerate housing delivery and job creation. The Government will work with the Combined Authority to agree specific funding flexibilities that will be pooled into the infrastructure investment fund. This will comprise a flexible, multi-year settlement providing the freedom to deliver its growth priorities, including the ability to re-direct funding to reflect changing priorities, whilst upholding their statutory duties. Government will disburse this agreed settlement to the Combined Authority annually in advance.

FINANCE AND FUNDING. The Combined Authority will create and manage a single pot of infrastructure investment funding which will be used by the Combined Authority to invest in its economic growth, helping to accelerate housing delivery and job creation. The Government will work with the Combined Authority to agree specific funding flexibilities that which will be pooled into the infrastructure investment fundSingle Pot. This will comprise a flexible, multi-year settlement providing the freedom to deliver its growth priorities, including the ability to re-direct funding to reflect changing priorities, whilst upholding their statutory duties. Government will expects to disburse this agreed settlement to the Combined Authority annually in advance.