Investment Panel definition
Examples of Investment Panel in a sentence
An Investment Panel, with external technical advisors, will be responsible for making recommendations on each business case following the appraisal process, to ensure impartiality.
The Investment Committee will have delegated authority to approve projects/programmes requesting funding up to £3 million although the decisions taken by the Investment Panel will still be reported to the LCR CA/Mayor for endorsement.
The Investment Team and the Investment Panel, will be independent from the individual portfolios to ensure that the project development process and appraisal functions are separated.
The Investment Panel will be responsible for scrutinising the technical review work and project appraisal, which will be carried out by the investment team, led by the Chief Investment Officer.
Submissions will be appraised by the Investment Team and approved/recommended to the LCR CA/Mayor by the Investment Panel and the Investment Committee.
The Investment Committee will be supported by an Investment Panel which will include a number of key experts procured by the LCRCA to provide specialist advice.
If successful at this stage, the project applicant will be invited to submit an outline business case for consideration by the Investment Panel.
The Investment Panel will include technical experts that will specifically review key aspects of the business case, including VfM.
An update report, along with any recommendations put forward by the Investment Panel will be reported to Cabinet for consideration and approval.
The Chief Investment Officer will have ultimate responsibility for ensuring that investment projects and the SIF provide value for money, supported by the Investment Panel and team of technical experts.