Clarification regarding spend on two of the projects approved for year 1 of the UK Shared Prosperity Fund (UKSPF), for agreement following a previous decision (dated 03/02/2023).
Please note that there are no changes to the projects benefitting from the funding, or to the amounts each project is receiving. The concurrence is to capture a change to the aspect of the Jaywick Managed Workspace project which UKSPF will be supporting, and to clarify that the repairs to the seafront ramp proposed in the previous decision constitute revenue spend, not capital spend.

To approve the following changes to spend set out in the previous decision:-

1. Seafronts maintenance

The previous decision stated the seafront ramp was a capital scheme. This will actually be funded from the UKSPF revenue allocation.

2. Jaywick Managed Workspace – Operational Revenue

The previous decision stated that £41k of revenue funding will be used to recruit an Operations Manager. This funding will now be split into a £31k revenue element, which will be used to support the operational costs of the Sunspot in its launch and through the critical 2023 summer season. A further £10k will be allocated as capital funding, to support construction costs at the site.

There are no changes to the projects benefitting from the funding, or to the amounts each project is receiving.

Option 1 - not publishing an amended decision. This would not allow funds to be allocated on the projects agreed in the previous decision, as the type of project work needs to align with the funding profile provided by Government (which included specific revenue and capital allocations). The previous decision incorrectly stated a project which is actually considered revenue, would be capital work.