Post-16 subcontracting standard update
13 December 2023
As per the guidance, providers who subcontract £100,000 or more of their post-16 delivery, across all ESFA funding streams, are required to submit an assurance report on their compliance with subcontracting standards.
Thank you to everyone who has submitted their assurance reports.
The ESFA are aiming to let providers know the outcome of their assessment of compliance with standards early in the new year. As this is a new process for the department, it has taken longer than anticipated to process the reports and therefore the assessments. The ESFA apologise for this delay and any inconvenience this has caused.
The ESFA understand that some providers, particularly colleges, may be awaiting the outcome of the assessment prior to approving their annual financial statements. They are prioritising the reports submitted by colleges and aim to let them know the outcome of the assessment as soon as possible.
If colleges wish to delay the submission of their annual financial statements to the ESFA, beyond the submission deadline of 31 December, they should request an extension, providing the reason, by emailing PRA.Financialhealth@education.gov.uk.