Subcontracting Supply-chain Fees and Charges Policy
Liral Veget Training & Recruitment is committed to growing and diversifying the range of courses it delivers to widen participation, deliver to niche markets, engage in new and emerging markets and meet the regional and local economic development agenda. In order to achieve this, Liral Veget Training & Recruitment has taken the strategic decision to subcontract part of its provision to partner organisations who can demonstrate high quality delivery.
The Policy applies to all subcontracted partner organisations.
Liral Veget Training & Recruitment will support, develop and share good practice through: quality reviews, operational meetings, observations of teaching and learning and learner and employer feedback.
Liral Veget Training & Recruitment retains a management fee from all subcontracted partner organisations, ranging from 10% to 20%.The fees charged reflect the cost of the procurement process, services provided and the management of the contracts.
Subcontractors working with Liral Veget Training & Recruitment receive a high level of support and guidance and access to our systems, including:-
Not all subcontractors will be charged the same management fee; differences in fees may depend upon the level of support required, the experience of the subcontractor, target learners, track record, published success rates and the level of risk as determined by the due diligence process.
Payments will only be made to the subcontractor once Liral Veget Training & Recruitment has received the funding from the Skills Funding Agency and only against documentation supplied by Key to the sub contractor that complies fully with the sub contract agreement. The terms in respect of the timing of payments made by Key will be set out in the sub contract agreement and will vary according to the credit risk assessed as part of due diligence.
The Policy will be discussed with all current and future subcontractors during contract negotiation meetings.
Data regarding the actual level of funding paid to each Subcontractor will be published annually within 30 days of the ILR closing.
The Policy will be reviewed at least annually and/or when significant changes in the Funding Rules occur.