Tynwald has announced an Economic Policy Review Committee will investigate the Vision Nine contract saga.

There's now a call for written evidence to be submitted from anyone who wishes to comment on the matter.

The committee comprises of MHKs Tim Baker and Jason Moorhouse, and chairman Michael Coleman MLC from the upper chamber.

It follows the Department of Economic Development's announcement last month that the deal to outsource the promotion of the TT and Classic TT races has collapsed.

The topic has been divided into three phases: 

1) Phase one runs up until the decision to contract out the promotional responsibilities; 

2) The second phase runs from the decision to outsource the races, 

with the 

3) Final phase covering events leading up to when the deal fell through.