2021 Report details for project: Institutes of Technology (IoT) 2
Project name | Institutes of Technology (IoT) 2 - there are 3 reports for this project: 2021, 2022, 2023 |
---|---|
Google search | Google search on project name (opens in new window) ![]() |
Contracts | Contracts search (opens in new window) ![]() |
Organisation | DFE (D6) - see all reports for this organisation |
Report year | 2021 (data is from March 2021) |
Category | Transformation - see all reports for this category |
Description: | The Institute of Technology programme is a manifesto commitment to establish the wave 2 of high-quality institutes of technology (IoTs). The first 12 IoTs were selected through a government-led competition and commenced live delivery from September 2019, Wave 1 recently finished successfully delivering 12 IOTs across the country, wave 2 utilises the same model as wave 1, specifically looking to establish 8 IOTs in LEP areas which were not covered in Wave 1, and are collaborations between further education (FE) providers, universities and employers. They will specialise in delivering higher technical education (at Levels 4 and 5) with a focus on STEM (science, technology, engineering and mathematics) subjects. |
DCA (RAG) | Amber/Green |
DCA text: | The Infrastructure Project Authority's Delivery Confidence Assessment rating is Amber/Green.This is primarily due to the following factors: Schedule is at a preliminary stage and remains subject to ongoing commercial activity and final Ministerial approval |
Start date | 2020-01-01 |
End date | 2026-01-01 |
Schedule text | The project end-date is 01 January 2026. This is primarily due to the following factors: The programme remains on schedule to meet timelines. |
Baseline | £0.50m |
Forecast | £0.50m |
Variance | 0.00% |
Variance text: | The budget variance is less than or equal to 5%. N/A - within tolerance |
Whole Life Cost | £2.50m |
WLCost text: | The projects Baseline Whole Life Cost is £ 2.50m. This is primarily due to the following factors: As the programme is currently in competition, there are currently no other costs at present (budgeted WLC yet to be baselined), apart from team costs. |
Notes1: | |
Notes2: | |
Sourcefile | IPA_2021.csv |
Home Selection Search All Reports Projects +dates Projects +costs Organisations Years Categories
Acknowledgement: GMPP data has been re-used under the Open Government Licence.