The investment into The Modular Analytics
Company Limited (“TMAC”) is in line with the strategic
objectives of the business investment strategy and the Local
Industrial Strategy and support the key objectives of supporting
our globally competitive strengths and strengthening the
foundations of our economy. TMAC operates in the Digital &
The Combined Authority gave approval on 29 July 2022 to give delegated authority for the period 30 July 2022 to 29 September 2022 to the Combined Authority Chief Executive and the Combined Authority Treasurer, in consultation with the Portfolio Lead Leader for Investment and Resources, to approve funding requests for projects in the absence of a Combined Authority meeting at the end of August 2022, and approve any urgent variations on amounts and terms for already approved loans.
Any recommendations approved under the delegation will be subject to the usual due diligence processes and will be reported to the Combined Authority at the next available meeting.
Decision type: Key
Reason Key: Affects more than 2 ward;
Decision status: Recommendations Approved
Notice of proposed decision first published: 15/09/2022
Decision due: 15 Sep 2022 by Chief Executive Officer GMCA & TfGM
Contact: Nicola Ward Email: firstname.lastname@example.org.