LEP Board: our business-led Board is responsible for setting the overall strategic vision and priorities for economic development in the county. Our Board members are unremunerated and give their time voluntarily.
Assessment Panel: The Assessment Panel is tasked with assessing bids for new projects. It was established following a Government review into the governance and transparency of LEPs, led by Mary Ney. The Assessment Panel comprises the LEP Deputy Chair, other approved members of the Board and Chairs of LEP sub-Boards, the LEP Executive Director and S151 Officer, who is responsible for assuring that we strictly adhere to the guidance for LEPs set out in the National Assurance Framework.
Audit & Scrutiny Committee (formerly PMC): PMC is a sub-group of the LEP Board. It oversees spending across the three priority areas covered by our Programme Boards and assesses the provision of value for money. It also ensures that proper processes and procedures are in place and are used to secure delivery of Government funding.
Programme Boards: The Programme Boards support our priority areas. They comprise of the Enterprise and Innovation Board; Skills and Employment Board and Enterprise Zone Partnership Board.
Register of Interests
In our drive to increase local economic growth and private sector investment, we have a responsibility to be open and transparent about how public funds are spent.
To help us achieve this, Government ensures each LEP adheres to the National Assurance Framework – this ensures LEPs have robust systems and processes in place to effectively manage funding from central Government budgets. The framework stipulates specific rules for LEPs in four key areas:
The responsibility for ensuring that we strictly adhere to the National Assurance Framework lies with the ‘Section 151 Officer’ in the partner local authority. For us, this is Hertfordshire County Council which acts as our accountable body. It is their responsibility to sign off our Assurance Framework each year, and ensure it is being implemented and that it meets the standards of the National Assurance Framework.
Hertfordshire LEP’s Assurance Framework sets out:
The Assurance Framework also sets out the Scheme of Delegation (pages 54-66) from the LEP Board to the LEP Chair & Deputy Chair, LEP Executive Director and sub-boards on LEP decision making.