Support to develop and Investment Strategy for York and North Yorkshire Combined Authority

The York and North Yorkshire Combined Authority requires an Investment Strategy which will support decision-making around future investment and prioritisation of propositions. This

piece of work includes three key outputs:

1. Investment Strategy: an overarching narrative of current and future investment opportunities across the subregion, including both private and public sector investment opportunities. This should set out the parameters, priorities, uses and constraints of

Combined Authority funding. Examples: West of England Combined Authority's Investment Strategy and Liverpool City Region Combined Authority's Investment Strategy 2023.

2. Prioritisation Assessment Tool: an assessment tool or framework which enables the Combined Authority to objectively assess the potential strategic impact of projects and their

investment readiness. This must be done in an easily accessible manner for Combined Authority officers.

3. Investment Pitchbook: an external 'Investment Pitchbook' which highlights flagship projects and articulates a clear pathway to attracting investment. This document will be critical for engaging potential investors and promoting the growth opportunities within York and North Yorkshire.

The Investment Strategy will sit alongside a number of other key strategic documents for the Combined Authority, including the emerging Local Growth Plan.

The initial 7 month term has been budgeted at £80,000, with the option to extend for a further 6 months with a cost of £20,000. Therefore, the possible total contract value is £100,000.