The South Essex Local Enterprise Partnership (SELEP) Accountable Body Transitional Arrangements to ensure that following the closure of SELEP, the on-going accountabilities in respect of the Government funded capital programmes are re-aligned to reflect the new accountable body arrangements and to provide continuation of requirements to ensure project delivery. ?The Transition Agreement will allow for the transfer of the residual SELEP revenue and capital funding which will be released to each SELEP partner from ECC as the Accountable Body of SELEP. No funding will be released until the Transition Agreement is in place.