Worcestershire ESIF Allocation Profile (£000’) Project values (Allocated and Contracted) Notional Allocation Remaining Balance to Allocate Contracts Spent and Claimed values Performance Rating ESF Programme PA1.1 Access to Employment by job seekers and inactive £2,664 £12,350 £9,686 £313 Planned spend in the pipeline PA1.2 sustainable integration of Young people £1,465 £3,141 £1,676 £13 Planned spend in the pipeline PA1.4 Active Inclusion £2,280 £8,699 £6,419 £211 Planned spend in the pipeline PA2.1 Life Long learning £5,343 £22,515 £17,172 £31 Planned Spend in the pipeline PA2.2 Improving the labour market relevance of education and training systems £0 £4,718 £4,718 £0 No calls Planned due to lack of match funding ESF Total £11,752 £27,156.7 £15,404 £568 However, the ESF programme is not performing as well as the ERDF programme. We have allocated less money through calls and opt-ins. Some of our open calls have attracted bids but these have not come through to contract due to value for money measurement by the managing Authority being too stringent. Unfortunately these are national value for money calculations. The Executive team have been proactive in working with local partners in an attempt to identify local match, but this has been unsuccessful. We are therefore recommending further discussions with the Managing Authority, Department for Work and Pensions to identify national match to local programmes. EAFRD (Rural) Management Information summary. 8.3.1 The EAFRD (rural) programme is designed for larger projects with a minimum grant of £30,000 and a 40% intervention rate. LEADER is a small grants programme between £2,500 and £20,000 at a 40% intervention rate.
recommendations and commits to meeting the recommendations by 28 Feb 2018, with an extension into other areas of operation during 2018. . Assurance Framework by 28 February 2018 Ensuring information is accessible and implemented by all. 4. Accountable Body to consider scrutiny and audit arrangements appropriate for the LEP. This might for example take a thematic approach. Final process to be included in the local assurance framework. S151 Officer / LEP Executive To be included in any refreshed Assurance Framework by 28 February 2018 Attended Overview & Scrutiny Committee on 23rd May. Internal and External Audit arrangements will be agreed at FAR Committee on 1st August. 5. LEP to consider how the LTB meetings can be make more transparent and meeting papers made available LEP Executive To be included in any refreshed Local Assurance Framework by 28 February 2018 Local Transport Board papers are published on the WLEP website 6. LEP to review its business and Finance, Audit and Risk Committee and consider its function and form in order for it to be fit for purpose around the current strategic priorities LEP Executive To be included in any refreshed Local Assurance Framework by 28 February 2018 Business Board to be reviewed following the LEP review being published. FAR Committee terms of reference revise agreed and published. The report from the Overview and Scrutiny Committee including minutes is available Good progress is being made in relation to WLEP actions and the Annual Conversation. Until the implications of the LEP Review are known, then actions related to recruitment of non-executive board members, reviewing the business board will not be conducted. Reports from the Internal and External Audit will be reported at the November Board. RISK REGISTER The LEP FAR committee has approved the development of a risk register to identify, manage and put in place mitigating strategies to reduce risk. The table below shows the risk register which is identified by strategic, operational, financial and implementation risks. This table includes who is the risk owner between the Board, and Executive, the Risk description, the probability and impact of the risk and the mitigating action that has been taken. This table provides an overview of the key areas of focus for mitigating plans; these plans are established to ensure risks are being managed.