Breakdown of negotiated price

In my experience few providers include more detailed costing than the heading of eligible costs (training, consumables, assessment, and administration) and the EPA cost.

Thanks Martin. With any margin applied across the costs at this level of detail with an actual costs version only for our own apprentices? Had read a few posts with auditors quibbling about very specific costs so wondered if we were providing insufficient detail?

I expect auditors are looking for evidence on how the costings have been arrived at and what is included against each heading and to this extent they would need the working papers from the costings where derived although this detail does not need to be included in contracts with employers as you are only required to include the costs under the specific heading.

In practice auditors are looking for evidence that it has been costed and not derived from working back from the funding CAP.

One of the best examples I have seen are included in the following.

https://uvac.ac.uk/wp-content/uploads/2018/02/UVAC-Soc-costing2017.pdf

HTH