To ask the Secretary of State for Education, how much of the £1.5 billion FE Capital Transformation Fund has been allocated since March 2020; where those funds have been allocated and for what purpose; and how the remaining funds will be used.
Answered on
9 June 2022
The Further Education (FE) Capital Transformation Programme is delivering the £1.5 billion manifesto commitment to upgrade FE college estates.
In the first phase of the Programme, we allocated £200 million to all FE colleges and designated institutions in August 2020, to enable colleges to undertake immediate remedial work and upgrade the condition of their estates.
The department announced in April 2021 that we are working with 16 colleges, that are some of the most in need of support to upgrade and revitalise their estates.
In April 2022, the department announced that up to £405 million of funding is being provided to a further 62 colleges who were successful in bidding for funding through the FE Capital Transformation Fund. We will aim to provide an update on plans for delivering the remainder of the £1.5 billion of funding later this year.