{"value":{"id":1290393,"memberId":4218,"member":null,"memberRole":"The Parliamentary Under Secretary of State for the School System and Parliamentary Under-Secretary of State (Minister for Women)","uin":"HLWS805","dateMade":"2021-03-01T00:00:00","answeringBodyId":60,"answeringBodyName":"Department for Education","title":"Contingencies Fund Advance","text":"<p>My Rt Hon Friend, The Secretary of State for Education has made the following Written Ministerial Statement:</p><p>The Department for Education has sought a repayable cash advance from the Contingencies Fund of £1,550,000,000.</p><p>The requirement has arisen due to increased costs relating to essential expenditure, including that relating to the Covid -19 response. The funds associated with this Estimate will not be released until the Supply and Appropriation Bill achieves Royal Assent in early March 2021.</p><p>Parliamentary approval for additional resources of £852,500,000 and capital of £697,500,000 has been sought in a Supplementary Estimate. Pending that approval, expenditure estimated at £1,550,000,000 will be met by repayable cash advances from the Contingencies Fund.</p><p>The cash advance will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.</p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1290392,"linkType":"JointStatement","linkDate":"2021-03-01T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1290393","method":"GET"}]}