The sums being handed to providers under the Greater London Authority’s adult education budget tender have been revealed.
In August, the Department for Education devolved the capital’s £306 million adult education budget to the GLA; £130 million of which is being devolved over four years.
The tender was launched in October, and the GLA said it had received 202 bids, totalling £811 million; though the results letters sent to providers shows there were actually 336 submissions.
Of the £130 million that will be shared out via the tender, £32.5 million has been earmarked for 2019/20 (see table below).
Lot one of the tender constitutes 75 per cent and is dedicated to training out-of-work Londoners; while lot two makes up 25 per cent and will go towards training Londoners who are in-work, particularly those with low-pay or a low level of skills.
Newham College of Further Education, which Ofsted rated grade two, is the biggest winning college in the tender, winning £7.5 million for lot one across 2019 to 2023. It will also receive a £12 million grant.
Grade two United Colleges Group will receive the largest share for lot one, £8.3 million, in addition to a £9.3 million grant.
While the provider which received the most for lot two was Pathway First Ltd, with £6.1 million, after it also earned a grade two from Ofsted.
Aside from the tender, the remainder of the GLA’s adult education budget will be distributed to colleges and other institutions that currently receive funding via a grant from the ESFA.
Click the table below to enlarge it: