Annual 2010World Congress 2010

 

Association of Colleges

Colleges respond to Learning and Skills Council announcement on capital programme mismanagement

Event Title

09 February 2010

Julian Gravatt, Association of Colleges Assistant CEO, said;

 “While we welcome any funding aimed at helping Colleges affected by the Learning and Skills Council mismanagement of the capital building programme, £34million is less than 20% of the amount that Colleges spent, with due diligence, on projects that were eventually shelved.

“Colleges have acted with typical innovation in response to this problem and have scaled projects down in order to deal with new economic circumstances. Some Colleges will borrow more in order to support essential investment, but they cannot fill this gap on their own. A small amount of extra Government funding – separate from help for Colleges with immediate financial problems - would lever new College investment and allow them to deal with urgent problems in their own estates while providing much-needed facilities.”

For LSC announcement please see their newsroom.

 


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