Guidance

Regional Growth Fund due diligence

Explains who is eligible to be a due diligence provider to prepare confirmatory due diligence reports for Regional Growth Fund round 6 bids.

Documents

Regional Growth Fund: due diligence guidance

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Regional Growth Fund: declaration for due diligence providers

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Regional Growth Fund: due diligence engagement template terms

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Detail

Advice for Regional Growth Fund (RGF) round 6 that explains who is eligible to be a due diligence provider, to prepare a confirmatory due diligence report for RGF bids. This is required to confirm that:

  • the project or programme represents value for money
  • it will deliver the benefits set out in the application

This guide also explains how due diligence providers can be appointed as an approved organisation, and outlines the scope of the due diligence required. A template for appointing the due diligence provider is attached.

The scope of the due diligence report must be agreed by Department for Business, Innovation and Skills (BIS) and the bidder. BIS must also approve an applicant’s choice of due diligence provider.