Decision Maker: Director of Resources
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
In April 2015 the Department for Work and
Pensions (DWP) advised about the next round of European Social Fund
(ESF) under the Youth Employment Initiative.
Projects are to support 15-29 year olds who are at risk of not
engaging in education, employment or training to progress into
employment. To qualify for funding the projects had to cover the
whole of the Tees Valley. The five local authorities put in a
partnership bid along with a number of employability and training
organisations, with Hartlepool BC as the lead accountable
body.
On 17 February 2016 it was confirmed that subject to contract and
completion of pre-contract conditions the bid had been successful.
The project will run until 31 July 2018.
The bid will bring in £14,469,762 of funds to the Tees Valley
with a match of £4,823,254 (25%), a total of
£19,293,016. Darlington’s share of the programme will
be £520,000, made up of £390,000 of YEI/ESF funding,
£50,000 match from County Durham Community Foundation (CDCF)
and a further £80,000 match from DBC split equally between
Children, Families and Learning and Economic Growth Group
The DWP require a Risk Share Agreement to be in place. The purpose
of this agreement is to define and regulate how the Parties share
any potential financial risk that arises through the DWP exercising
their right of clawback pursuant to the DWP Contract.
This is required to be signed off before the end of March
2016
Note – the report to Cabinet of 5 April 2016 sets out the
full details and includes a a copy of the Risk Share Agreement as
an Appendix
To sign off the Risk Share Agreement.
Colleagues in Hartlepool Borough Council have advised that the risk
share agreement must be in place before they could sign off the
agreement with the DWP.
None.
Publication date: 22/08/2019
Date of decision: 21/03/2016