Replies
No one has replied to this post.
Here's the thing, the Funding Rules (V4) are slightly contradictory. First it says:
334. We will pay for adult skills provision on the basis of your actual delivery each month, up to your contract value for the financial year. We will calculate the value of your actual delivery using the latest validated ILR and EAS data you provide.
337. We will fund delivery up to 103% of your adult skills August 2020 to March 2021 contract value and up to 103% of your adult skills April 2021 to July 2021 contract value.
but then it says:
338. At the end of the funding year (at R14), we will fund delivery up to 103% of your adult skills and adult skills learner support funding year contract value. This means we will fund delivery up to 103% of your August 2020 to July 2021 contract value.
So you could read this that, in a scenario where you deliver way over in envelope 2, you will get paid (up to 103% of your total annual contract) but not until January...
Happy to defer to anyone who's actually done this before!
Shason Gurung
Adult Education Budget (AEB) funding envelope query
Created
Hi everyone,
Can anyone please advise if one can use underspend from Envelope1 (R1-R08) in Envelope2 (R09-R12)? Lets say for example, we have an underspend of 40% in Envelope1, can we spend 160% in Envelope 2 ?
Thank you.