UK Shared Prosperity Funds (UKSPF)

The Government will let South Tyneside Council know if projects have been successful in October 2022.

How funding will be paid

South Tyneside Council usually pays quarterly in arrears at an agreed intervention rate.

We prefer to operate in line with our standard processes. However, we understand in some cases, flexibility may be needed.

Any change to our standard process will be by exception following an assessment of need and risk.

Monitoring spend during the project

All projects funded must meet their contractual requirements.

This includes submitting regular monitoring returns.

Each grant must be used for the purpose intended.

This will be subject to monitoring and final review.