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<p>The National Local Growth Assurance Framework is published by the Ministry of Housing,
Communities and Local Government. This Framework sets out Government’s guidance on
the assurance requirements for local growth funding as well as guidance for LEPs on
carrying out value for money assessments on the funding it provides.</p><p> </p><p>The
Solent LEP’s Local Assurance Framework is published on its website and sets out how
the LEP operates, including processes for decision-making, project approval and monitoring.
In accordance with the Framework minutes of both LEP Board and the Funding, Finance
and Performance Management Group meetings are publicly available on the LEP website.</p><p>LEPs
are also required to participate in relevant Local Authority scrutiny arrangements
to guarantee the effective and appropriate scrutiny of their investment decisions,
this is in addition to their internal scrutiny and audit arrangements.</p>
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