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Futurebuilders England: Contracts

Volume 474: debated on Wednesday 26 March 2008

To ask the Chancellor of the Duchy of Lancaster for what reasons his Department's contract with Futurebuilders England for the distribution of grant funding was not renewed. (196227)

The tripartite agreement between Cabinet Office, Futurebuilders England and Charity Bank expires on 31 March 2008. In recognition of its success to date, Ministers have decided to continue the programme into a second phase. The second phase of the programme will see the arrangement moving to a bipartite structure, between the Cabinet Office and the fund manager. Under new procurement rules, this required a new tender process. Following this process Cabinet Office have appointed the successful bidder to run the fund from April 2008 to April 2011.