2021 Report details for project: National Skills Fund

Project name National Skills Fund - there is only one report for this project
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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 National Skills Fund (NSF) will fund projects that will help people retrain and upskill into better, more productive jobs through developing higher and intermediate skills, and aligned with Further Education
DCA (RAG) Amber
DCA text: The Infrastructure Project Authority's Delivery Confidence Assessment rating is Amber.This is primarily due to the following factors: The National Skills Fund programme remains broadly on schedule, with delivery of L3 Adult Offer and Uplift funding meeting the agreed milestone date. The Bootcamps procurement and launch of wave 2 remains mostly on schedule, with staggered starts introduced to accommodate further work on the procurement of Lot 1. The National Skills Fund also remains on schedule, although the recent merger with the Funding and Accountability consultation does present some challenges to delivering in line with agreed milestone.
Start date 2020-04-01
End date 2024-03-31
Schedule text The project end-date is 31 March 2024. This is primarily due to the following factors: The programme end date reflects the financial commitment to fund the National Skills Fund until the end of this parliament. By this point the programme will have delivered on various interventions to fill the gaps in adult skills in key sectors and assist learners in achieving better jobs, including the Level 3 Adult Offer and Bootcamps. The timeline is driven by the need to deliver these interventions in a way that allows initial delivery to inform future design, accommodate the consultation on adult skills and align with the wider adult skills reform work.
Baseline £8.00m
Forecast £8.00m
Variance 0.00%
Variance text: The budget variance is less than or equal to 5%.
Whole Life Cost £1,148.78m
WLCost text: The projects Baseline Whole Life Cost is £1148.78m. This is primarily due to the following factors: Whole Life Budgeted Costs reflect the preliminary costs currently within scope
Notes1:
Notes2:
Sourcefile IPA_2021.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.