LDA grants (2)

MQT on 2007-05-23
Session date: 
May 23, 2007
Question By: 
Dee Doocey
Liberal Democrats
Asked Of: 
The Mayor


What percentage of grants made by the LDA is usually swallowed up in administration costs by the recipients?


Answer for LDA grants (2)

Answer for LDA grants (2)

Answered By: 
The Mayor

The London Development Agency is responsible for a high number of projects each year under a variety of programmes each with its own criteria and all targeted at different beneficiaries. Administration costs will vary across this broad range of activities. Generally, the LDA focuses on ensuring outputs are maximised for grants through competitive tender processes. It does not seek to collect detailed information regarding internal costs for each grant given and therefore does not have the detailed information you ask for.