|
answer text |
<p>The attached table provides figures addressing the questions asked.</p><p> </p><p>Payments
through the Culture Recovery Fund (CRF) are typically made in multiple tranches. Final
payment is typically made at the very end of the grant period, once activities and
costs have been reported.</p><p>In both rounds of the CRF revenue grants programme,
DCMS has been able to give recipients the flexibility to extend the grant period.
For CRF1 awardees, they have been able to extend until 30 June 2021, and for CRF2
awardees until 31 December 2021.</p><p> </p><p>As such, a significant number of CRF
1 awardees have only very recently concluded the grant period, and many CRF 2 awardees
have not concluded the grant period yet.</p><p> </p><p>Accordingly, final payment
requests are still outstanding from both CRF1 and CRF 2 recipients. Only when final
payment requests have been made will DCMS Arms Length Bodies make final payments.</p><p>
</p><p>In addition, payment schedules can be impacted by a number of factors, such
as the provision of bank details and activity reports from applicants, as well as
assurance processes undertaken by distributing arms-length bodies, in order to ensure
best use of tax-payers’ money.</p><p> </p><p>As the numbers show, over 83% of all
awarded CRF funding has been paid.</p><p> </p><p>Figures include revenue grants, capital
grants, and loans from within the Culture Recovery Fund.</p>
|
|