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Edited 15 March 2022 12:37
Hi everyone, We have just received our latest contract allocation and we have a discrepancy. We had one learner who was on a break in learning as at R04 (which is the period they use to populate the allocation) and one who is way passed his planned end date which was Jul 21, so previous funding year. As neither would show on the IER with a value, how do they capture this data? Also, is the allocation based on the value AFTER the co-investment element has been deducted?
Many thanks in advance
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I think it's fine, these allocations are frequently reviewed to make sure you get what you are entitled to, the old FM35 ones were updated about three times a year, if I remember correctly?
Like mine is £5k but if everyone who is left completes there's a max of £12k of completion payment due (because, actually, a bunch of them should have completed between R04 and now but they haven't yet). I'm not that worried that I won't get it, although it might not be in the precise month I'd like it...
15 March 2022 13:07
Thank you for the reassurance Steveh. They already hit us with a cap as we went over our allocation back in 2020, so i want to make sure there are no more nasty surprises and have been meticulously tracking!
15 March 2022 13:55
I *think* this is a bit different because these are just rundown contracts?
15 March 2022 14:00
I'll for one will be glad once they have all completed. It is so much easier now it's all on DAS
15 March 2022 14:03