1. Delivering Projects: Governance and Risks
Sian Stroud, Senior Solicitor
Stephanie Gardner, Corporate Risk Manager

2. Grants- what we don’t know yet:
Eligibility criteria- what is “community benefit”?
Project appraisal process
Grant conditions generally
Any match funding required
Any preferred “delivery model”

3. Grants- what we can expect
The “small print” will come through late!
Outputs will need to link to HS2
HS2 to be part of project publicity
Grant conditions to be legally binding
Monitoring and accountability of outputs

4. Grant conditions Will reference a project plan
Must comply with State Aid rules
Can seek recovery from individuals/organisations named in application if misspent/underspent
Likely to be proportionate to value of grants
Likely to have short-ish lifespan

5. “Delivery model” options
An individual
“Unincorporated” group (residents assoc., “friends of..” “…action group”)
Existing legal entity (parish council)
Specially established legal entity (community interest company, company ltd by guarantee, charitable company or charitable trust)

6. Selecting the best model
Proportionate to value of the grant/project
Protection against personal liability
Ease of administration, regulation, longevity
Identity within the community
Ability to attract other funding
Ability to manage the project long term

7. Onward project governance
If funding an asset: licence for community use and/or maintenance obligations?
Document your internal arrangements and plan an exit strategy- who/what is the core of the project?
If using subcontractors/third parties make sure it’s all documented!