Business Rate Pool - Strategic Economic Development Fund - Funding Bids - Inward Investment at Gloucestershire Airport Bid
July 13, 2026 City Region Board (Committee) Key decision Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Assistant Director of Asset Management and Property Services awarded a works contract to Snape Contracting on 12th June 2026. The contract is for the supply of an additional bedroom to a private homeowner's property with a maximum cost of £115,200 and expected completion by the end of 2026.
Full council record
Purpose
To approve SEDF funding awards for bids/projects submitted for consideration by the City Region Board
Decision
Resolved that the Board:
• agreed in principle to ring-fence up to £450,000 of Strategic Economic Development Fund (SEDF) funding towards an investment proposal, subject to completion of due diligence, subsidy control assessment, verification of funding requirements and consideration of all relevant legal, financial and governance matters;
· authorised the issue of a formal response to the relevant parties reflecting the Board's position;
· agreed that a further report be brought back to the Board for final determination once the required assessments and due diligence have been completed.
Supporting Documents
Details
| Reference | Call-ins0 |
| Outcome | For Determination |
| Decision date | 13 Jul 2026 |
| Effective from | 24 Jul 2026 |
| Expected date | 13 Jul 2026 |
| Originally due | 30 Jun 2026 |
| Subject to call-in | Yes |