House of Commons · Written Ministerial Statement
Contingencies Fund Advance
09 January 2020 · Department for Transport
Proposed by Grant Shapps Con Welwyn Hatfield
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Department for Transport intends to seek an advance of up to 3.6 billion from the Contingencies Fund.
- This advance is to cover urgent expenditure pending approval of a Supplementary Estimate by Parliament.
- The department will repay the Contingencies Fund immediately upon approval of the Supplementary Estimate.
Issue summary
The statement announces the Department for Transport's intention to seek an advance from the Contingencies Fund pending parliamentary approval of a Supplementary Estimate.
Action requested
The department is seeking an advance of up to £3.6 billion from the Contingencies Fund to cover urgent expenditure until the Supplementary Estimate is approved, which will then be repaid immediately. This action ensures that existing spending consistent with Parliamentary Estimates can continue without interruption.
Key facts
- The Department for Transport requires a cash advance pending parliamentary approval of the Supplementary Estimate 2019-20.
- Part of Network Rail’s grant-in-aid was excluded from the Main Estimate due to timing issues.
- An urgent expenditure estimated at up to £3.6 billion will be met by repayable cash advances from the Contingencies Fund.
- The advance will be repaid immediately following approval of the Supplementary Estimate.