Common use of Shared Principles Clause in Contracts

Shared Principles. 2.1 This Memorandum of Understanding includes a range of principles which partners have agreed to apply to their strategic planning, budget setting and policy implementation. These are summarised below: (a) to work in collaboration with other partners to enable, wherever possible, the effective alignment of priorities and ensure future capital programmes and development plans take account of shared priorities. (para.1.4) (b) a commitment to developing a comprehensive infrastructure needs assessment for Hampshire that identifies infrastructure needs over the next twenty years, based on existing deficiencies, natural growth and development requirements (para 4.1) (c) a commitment to use their best endeavours to release local capital and other resources to meet Hampshire’s infrastructure needs. (para.6.1) (d) to work with a wide range of stakeholders, including those in the private sector and through Government agencies to secure funding. (para.6.2). (e) to position themselves so they are ready to respond to Government initiatives, such as Tax Increment Financing and continue to exploit grant schemes from Government Departments and key agencies such as the Highways Agency and the Homes and Communities Agency. (para.6.2) (f) to engage positively with Enterprise M3 LEP and the Solent LEP and develop closer relationships with the local business sector. In doing so, partners aim to better align Hampshire’s infrastructure priorities so that robust proposals for greater devolution of funding can be put forward to Government in order to invest in local growth schemes. (para.6.3). (g) a commitment to maintaining a collaborative approach towards local transport. (para.5.5). (h) to work flexibly with neighbouring authorities, including through bi-lateral arrangements with the two cities of Portsmouth and Southampton and other neighbouring counties. (para.5.5). (i) aim to ensure that any modifications to capital programmes to not take place in isolation but always in the context of the shared principles and the consideration of all the alternative funding mechanisms and potential opportunities available (para.5.9). (j) co-operate both within and beyond Hampshire, particularly in relation to the Community Infrastructure Levy (para.5.6) (k) local planning authority partners to consult with the County Council on their CIL charging schedules and in relation to their CIL Regulation 123 Lists (para.5.7) 2.2 In addition Partners have identified and agreed four principles to specifically help maximise developer funding for infrastructure. These are set out in paragraph 6.4 of this Memorandum of Understanding.