The Executive Board:
(a) APPROVED the draft Risk Management Framework, to apply across the City Deal Programme.
(b) AGREED to receive reports on the City Deal strategic risk management on a six-monthly basis and would otherwise consider risks only by exception should they be new red risks or significantly increased risks.
The Joint Assembly:
(a) RECOMMENDED to the Executive Board that it approves the draft Risk Management Framework, to apply across the City Deal Programme.
(b) AGREED that the Joint Assembly should receive reports on the City Deal strategic risk management on an annual basis and would otherwise want to consider risks only by exception (new red risks or significantly increased risks).