A Scottish government investment scheme paid out despite projects missing their economic targets.
A "payment-by-results" Scottish government investment scheme has paid out despite projects missing their targets.
One of the targets in Dundee has now been changed and Edinburgh City Council has asked for some of its deal's targets to be downgraded in order to help it secure future government payments. The party's economy spokesman Willie Rennie said: "If the only way that you can hit the targets set out in your funding model is to adjust the criteria after the fact, it rather suggests that either your model isn't very good or that planners were consistently overzealous about the benefits these projects would bring."The SFT describes GAM as a "payment-by-results model with grant income paid when pre-agreed measures are achieved".
The cumulative tally by March, 2021 was 38.28 full time equivalent posts filled by people from these areas, but Scottish ministers agreed to pay out on this target because of the impact of Covid.In addition, a deal was struck to scrap the project's target of increasing the area's rateable values with a new target of reducing the number of vacant commercial properties.
Scottish ministers agreed to make the payment in 2021/22 regardless of this target being missed because of the impact of Covid.
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