The Board's responsibilities will include:
• endorsing its terms of reference as determined by the Authority in consultation with the allocated WIDP Transactor;
• sign-off of each stage of progress of the project;
• overview of the project management, including the programme, resources and risk management;
• management of the project budget (and any changes to the budget) throughout project development, procurement and implementation;
• communications and consultation;
• reporting and disclosure;
• managing interfaces and interdependences between the project and its environment;
• managing stakeholder engagement;
• project assurance;
• initiating key stage project reviews, in particular, gateway reviews;
• delivery of the project outcome to the required quality;
• the scope, operation and resourcing of any working groups which report to the Board;
• the decision to launch the competition for the project including, for instance, the publication of a notice in the Official Journal of the European Union;
• the approval of all documents relating to the project, including the project initiation document (PID) and business case (OBC and FBC);
• setting evaluation criteria for bids and evaluating bids;
• the appointment or replacement of a PD and/or PM;
• the scope of work, selection, and terms of engagement of third party advisers; and
• delivering the project to the base-line timetable.
The Board shall continue to meet after the project has closed but at less frequent intervals.