£1m unverifiedbridge spend
OVER £1m in expenditure claims for the Londonderry Peace Bridge have yet to be verified with the Special EU Programmes Body (SEPUB) expecting submissions in the near future.
Finance Minister Sammy Wilson revealed the unverified expenditure in response to a question at the Assembly tabled by Traditional Unionist Voice (TUV) MLA Jim Allister.
Mr Wilson stated: “The River Foyle Foot and Cycle Bridge (also known as the Peace Bridge) was awarded funding of £14,497,723 under the PEACE III Programme.
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Hide Ad“Of this, the European Regional Development Fund (ERDF) contribution is £9,792,220.34 (approximately 67.5 per cent).
“To date, verified expenditure for this project is £12,463,887.55, with an additional £1,177,542.14 of submitted claims yet to be verified.
“SEUPB expects further expenditure claims for this project to be submitted in the near future.”