Purpose

Economic development, skills and place promotion activity conducted within the county council, Local Enterprise Partnership and Marketing Lancashire has typically been dependent on attracting external grant resource from a range of sources including government departments and charities. As these bodies have become more integrated within the county council, new processes to authorise officers to compete for and receive these funds need to be put in place, balancing the pace and flexibility often needed to meet bid deadlines with an accurate recognition of ongoing costs, potential funding requirements, liabilities and risks in being accountable for the proper use of public funds.

Decision

The Cabinet approved the recommendation(s) as set out in the report.