What next for colleges following area reviews? Lynne Tabone Joint Area Review Delivery Unit

Recommendations arising from area reviews Mergers Federations Partnerships emerging with HE partners Apprenticeship companies Sixth form college academisation Curriculum change / collaborations Other local changes around IAG, high needs, schools No change

Implementing Recommendations Early Planning Stage Working with SFA/EFA Joint Interventions Team Developing clear plans for: What? (structures) When? (timeframes) How? (key deliverables planning) Who will do the work? (Capacity for change / expert skills) Consultation with staff, students, governors, key stakeholders on outline plans Implementation Guidance: INSERT LINK

Transition Grant Application Within 2 months of final steering group. Designed to support planning and capacity building. Provides up to £100k to support and incentivise change planning. Link to application and guidance: https://www.gov.uk/government/publications/post-16-education-and-training-institutions-transition-grants-for-area-reviews

Due Diligence Financial Pre- and post-deal integration planning IT (systems, leases, equipment, etc.) Estates Pensions Human Resources Tax Legal There will also be a requirement for consultation on the change and to undertake statutory processes.

Due Diligence Shared vision Colleges sharing information openly is key Guidance provides prompts on the scope of due diligence Link: INSERT

Financial Support for Restructure Applications to Restructuring Facility: https://www.gov.uk/government/publications/post-16-education-and-training-institutions-apply-for-financial-support-for-area-reviews Transaction Unit within SFA to evaluate, challenge and process applications and negotiate with Treasury. The bar for applications will be high.

Restructuring Facility Applications will require an implementation plan, including: Curriculum plan Teaching plan Estates plan Learner recruitment strategy Income forecasts Costs, and a resultant real operating surplus or deficit (including bank loans and break charges) 36 month cashflow forecast Ofsted strategy Backed by evidence-based, bottom up assumptions. We will also look for change management expertise in the colleges

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