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Old 10th Mar 2009, 14:59
  #2412 (permalink)  
andrewmcharlton
 
Join Date: Oct 2005
Location: Newcastle
Age: 54
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Folks, very well dont to all those who pulled it off, congratulations.

A little while ago I sent off an FOI request and some may recall the HLF said they had no further requests for funding. Then there was some who ha about had they since that FOI was made etc, with tacit claims that they had in the intervening period. Well, I asked again, and here are the questions and answers supplied just an hour ago:

1. Please provide details of the ownership of the aircraft in the event the trust becomes insolvent or enters administration, specifically if the agreement between HLF and VTST provides for ownership of the airframe, spares and any other assets in such an eventuality. Please comment specifically if such a step on the part f VTST was contemplated and if the airframe would still be donated to Duxford IWM.

2. Please provide details of any power the HLF has to control, infuence or require VTST to provide reporting and financial statements to HLF on an ongoing basis

3. Please provide details of any requests, formal or informal, for further funding or extended support, whether accepted, rejected or pending, including any formal or informal advice HLF may have provided to VTST or their advisors, agents or representatives about the likely outcome or intentions of HLF if such an application was made by VTST.


4. Please confirm if any financial statements or management reports whether interim or final are passed to the HLF from VTST.


5. Please confirm if any of the terms of the grant were breached by VTST whether minor or material giving details thereof.


6. Please confirm if the funds granted to VTST have all been drawn down and if so when the final sums were paid.

7. Please confirm if the contractual arrangement between VTST and HLF provides for any punative or clawback sanctions if there is a material breach of the obligations by VTST.


Dear Mr Charlton
Further to your email of 19 February 2009, replies to your questions are set out below.
1. The HLF contract provides for repayment of all or part of the grant in the event of an asset being disposed of. HLF has no information about any change in ownership, nor are we aware of any change in the proposal eventually to transfer the aircraft to Duxford.
2. The grantees are required to supply proof of expenditure such as invoices, and other information as HLF may require in respect of the grant, the approved purposes and approved usage.
3. HLF has had no requests, formal or otherwise, for further funding.
4. All reports required by HLF were received before the project was completed and final grants payment made.
5. No terms of the agreement have been breached.
6. All of the grant money has been drawn down. The final payment was made in April 2008.
7. The contract between HLF and VTST provides for clawback; there is no provision for punitive sanctions.
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