To ask the Secretary of State for Levelling Up, Housing and Communities, what financial support is available to local authorities to ensure the delivery of Levelling Up Fund projects impacted by inflation.
This answer is the replacement for a previous holding answer.
Answered on
19 October 2022
The department is monitoring the situation closely through formal reporting mechanisms and on the ground relationships. These are giving us an emerging picture of the impact of cost inflation on our programmes.
The Levelling Up Fund has put in place a proportionate project adjustment process. Through this, we can work with places to make sensible adjustments to the scope and phasing of projects to mitigate delivery challenges, including cost inflation, whilst also maintaining value for money.