In May 2015 we consulted on applications from network licensees for the Successful Delivery Reward for four completed Low Carbon Networks Fund projects.
The maximum available reward for each project is limited to the network company’s 10% compulsory contribution. We have now assessed whether the projects have been sufficiently well managed and whether they have met their Successful Delivery Reward Criteria on the basis of quality, cost and time.
This document sets out our decision of each project’s Successful Delivery Reward application and the reason for the consequential award. The amount of the Successful Delivery Reward that we are awarding each project is presented in the table below.