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Implementation Timetable
Phases in the implementation
Converting the HART Credit from a vision to reality will involve seven phases of activity:
- Programme design.
- Aggregation of stakeholder support.
- Pilot programme advancement and proof of concept.
- HM government develops and advances the proposal.
- Consultation period.
- Legislation published, enacted, and Royal Assent.
- EU approval and going live.
Ideally and practically, several phases can and should move in parallel, reinforcing one another.
HART Implementation Timetable
| |
Pilot
programme
|
Permanent
programme
|
|
4/06
|
|
Programme goes live (FY
07).
|
|
1/06
|
Pilot binding promissory
note is cashed.
|
|
|
7/05
|
Pilot property is completed.
|
Royal assent (on the statute
books).
|
|
5/05
|
|
|
|
11/04
|
|
Draft legislation published.
|
|
9/04
|
Pilot property is built out
|
|
|
5/04
|
|
|
|
3/04
|
Break ground on pilot
programme
|
Consultation
period
|
|
1/04
|
Sell binding promissory
note. Complete financing. Execute on site control. Execute detail of
project financing plan.
|
|
|
11/03
|
Award developer and site
plan.
|
Public consultation paper
published.
|
|
9/03
|
Close competition for pilot.
|
IR prepares draft consultation
paper.
|
|
7/03
|
Publish competition plan.
|
Treasury instructs IR to
prepare draft plan.
|
|
5/03
|
ODPM green-lights the pilot.
|
ODPM undertakes to advance
HART Credit with Treasury.
|
| |
Relevant department of
government agrees to identify binding promissory note.
|
|
|
3/03
|
Designate target area.
|
|
|
2/03
|
City Council approves pilot
scheme.
|
|
|
1/03
|
Develop and publish concept
paper.
|
Proselytise via vapourware
and otherwise.
|

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