Subject	Predicate	Object
XY89tp8T	a	Resource
		Answer
		Written answer
	answer has question	gJZUOfiD
	answer has answering person	Michael Fallon
	answer text	<p>Contracting for Regional Growth Fund (RGF) awards under Round 1 is now complete.</p><p>39% of Round 1 offers had been finalised within six months of the original conditional offer and 80% within 15 months. On 19 October 2012 I introduced a six month maximum time limit on all outstanding negotiations in order to bring them to a close. The last offer was subsequently finalised on 19 April 2013.</p><p>49 final awards are in place, totalling £383 million. A further £57 million has been recycled back into the RGF following the withdrawal of the original conditional award to a number of projects.</p><p>It is not possible to provide an itemised list of awards due to commercial sensitivity.</p>
	answer given date	2013-10-25
	answer has answering body	Department for Business, Innovation and Skills
	written answer has answering body	Department for Business, Innovation and Skills
Department for Business, Innovation and Skills	answering body has written answer	XY89tp8T
Department for Business, Innovation and Skills	answering body has answer	XY89tp8T
gJZUOfiD	question has answer	XY89tp8T
Michael Fallon	answering person has answer	XY89tp8T