The National Infrastructure Commission (NIC) has finally won legal backing.
It became an executive agency of the Treasury today.
The formalisation of its position comes as its corporate plan was published. The plan outlines its objectives for the next two years, including publishing the first full National Infrastructure Assessment in the first half of 2018.
Chancellor Philip Hammond announced that the commission was to become an executive agency in October. His announcement followed a period of uncertainty for the NIC after a bill that was supposed to give it statutory backing omitted any mention. This left the industry calling for reassurance about its future.
The new position for the NIC gives it its own budget and autonomy. Hammond will hold it to account with regard to the quality of its reports and recommendations and how it spends money. In turn, it will hold the government to account for how it delivers the recommendations it has endorsed.