£150m has been allocated to the project as a result of the Confidence and Supply Agreement, along with additional funding of £15m secured through the Department of Agriculture, Environment and Rural Affairs (DAERA).
This brings the total amount of available funding for Project Stratum to £165m to help deliver substantial enhancements to Internet connectivity across Northern Ireland. Broadband coverage across the intervention area may also be extended through industry investment to ensure that as many premises are served as possible.
The project team has successfully completed a number of significant milestones ahead of commencing the procurement process, including development of an Outline Business Case, the launch of an Open Market Review, along with State aid public consultation to help determine the intervention area, and a robust Pre-Market Engagement exercise with potential suppliers.
It is expected that the procurement process will commence in July 2019, subject to final approvals in the absence of Ministers.