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The Single Regeneration Budget (SRB) was introduced in April 1994.
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Recognition of the Department of Land Economy's expertise in the evaluation of urban and regional policy was underpinned with the decision by the Department of Transport, Local Government and the Regions (formerly the Department of the Environment) to award its major research project for the evaluation of the HM Government's regeneration activities funded under the Single Regeneration Budget to the Department of land Economy.
The investigation is being conducted over an eight year period (1996-2003) and is led and directed by Dr Peter Tyler of the Department.
The local partnership approach was seen to be the vehicle by which local players would come together to formulate a joint approach to meeting local needs and priorities.