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This is a really common misconception, driven I think by the fact that many EPAOs choose to charge exactly 20% of the band maximum for the EPA, because the guidance says "It is expected that the cost of the assessment will not usually exceed 20% of the funding band maximum". We do have many that charge less than that.
TNP 2 is the Assessment price, it's what you'll be paying the EPAO. So, as Martin says, if you're agreeing a reduction to your Training price, that's just on TNP 1.
Charlotte Carlin
Negotiated price reduction for prior attainment
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Hi all,
When applying a training cost reduction to account for prior attainment, does the reduction happen on the whole training cost - or do we deduct the 20% achievement payment before reducing the cost?
For example, if the training cost is £10,000 and we are reducing by 5% for prior attainment do we take 5% off the £10,000 or 5% off £8000 (which is the £10,000 - 20% achievement payment).
TIA