The LEP’s Chair and Chief Executive make an annual statement on the status of the LEP’s governance and transparency.
The Humber LEP’s governance and transparency meets all of the requirements in the National Assurance Framework for LEPs, and in several places exceeds them. We believe good governance and transparency are essential for maintaining the confidence of our stakeholders, and we openly invite feedback from them on how they could be further strengthened.
Our approach to publishing comprehensive project information on all programmes under the LEP’s management or oversight was highlighted as best practice by the LEP Network, as was our “at a glance” transparency page. These have since been rolled out by other LEPs, and we continue to develop them.
Through our governance processes we have demonstrated the ability to make robust and occasionally difficult decisions on projects, based on evidence and independent expert technical advice. We involve a wide range of stakeholders in our decision-making and prioritisation processes, including businesses and statutory agencies, which adds valuable insight into projects.
All Board and sub-board members are committed to behaving with integrity throughout their involvement with the LEP, in accordance with the Nolan Principles. Conflicts of interest inevitably occur from time to time, but these are managed and recorded to ensure decisions are not improperly influenced. We will be providing additional guidance to Board and sub-board members on this in early 2018, and improving how interests are recorded in minutes to give greater clarity and consistency.
We have reviewed the Ney Review recommendations and believe that our existing processes already address most of them. We will update our Assurance Framework in January 2018 to ensure all of the recommendations are reflected in it and fully implemented. We also look forward to the forthcoming LEP Review and update to the National Assurance Framework; we welcome any opportunities to contribute to these and will respond promptly to the outcomes.
Our Accountable Body, Hull City Council, provides invaluable support to the LEP’s governance and programme management arrangements, and along with our other local authority partners is an integral contributor to the LEP’s work.
We operate a Risk Register that is reviewed by our Audit Committee and our Board. The last meeting of the Audit Committee in September reviewed the latest Risk Register and agreed a programme of work to further review and strengthen our processes.
We regularly attend Hull City Council scrutiny meetings, and have also attended other local authorities’ scrutiny meetings. Elected members are included on the LEP Board and sub-boards, and we welcome scrutiny by other elected members in any of our partner local authorities.
More generally, we have always been open in the way we involve our business and other stakeholders, giving them the opportunity to hear from and ask questions of our Board members and staff. This includes through our own events and other organisations’ events. We will be organising further consultation events throughout 2018 as we develop our Local Industrial Strategy, and look forward to the active involvement of our stakeholders in formulating the next phase of the Humber’s strategy.