From 2002 to 2008, the RDAs reported on their achievements in meeting targets set as part of a tasking framework, based on the priorities identified in their Regional Economic Strategies (RESs) and the Government's high-level Public Service Agreement (PSA) Targets.
This was revised for the year starting April 2005, to increase the link between regional and national interests. This was done through a Tasking Framework which required each RDA to show, in its Corporate Plan,how, it would address the priorities identified in the RES for its region and contribute to the delivery of the Government’s PSA Targets.
Corporate Plans provide full details of how the RDAs will allocate their budgets to deliver progress in meeting the objectives set for the Agency by the Regional Economic Strategy, and how this activity will contribute to the targets that the RDAs have been set. The Corporate Plans cover three year periods corresponding to the Spending Reviews. Each RDA Chief Executive reports regularly to the Board on progress in delivering Corporate Plan commitments.
From 2008 onwards, each RDA will be required to supply an assessment of its performance against its Annual Business Plan.