The Secretary of State for Education Gavin Williamson recently announced his drive to boost further education training to bring it out of the shadows of higher education. He sees technical and vocational education as playing second fiddle to higher education, an outdated approach which has allowed us as a nation to lag behind other economies in producing a highly skilled future workforce. The government are acting upon this and on the 31st of August 2019 the Chancellor of the Exchequer announced an additional £400m in funding to go to providers of 16-19 education such as sixth forms and further education colleges, for the academic year 2020-2021.
But what does this mean?
This means that sixth forms and colleges will receive the biggest single annual funding boost since 2010. Higher investment in T-Levels means that the delivery and availability of vocational education courses will be transformed and include a larger variety of subjects, as the sector will have a £25million investment. For suppliers of education and training services there will be in turn an increase in opportunities available to them as the demand for provision grows.
One interesting opportunity is a Dynamic Purchasing System for Strode College in Somerset, for the provision of education and training services. The DPS is live until the 21st of July 2023 and is split into 3 lots;
-Lot 1 is for the delivery of Traineeships and has an estimated value of £10,000,000
-Lot 2 is for the delivery of Adult Skills and has an estimated value of £2,500,000
-Lot 3 is for the delivery of Non-Levy Apprenticeships with an estimated value of £2,500,000
Providers can bid for all lots or select the ones which are most appropriate, all lots can be delivered throughout England- however bids will achieve higher scores where delivery is in the South West LEP area.
If this is an opportunity which could be suitable for your business, then get in contact with us and we can provide you with bid writing support- we have a 94% bidding success rate and a wealth of experience.