SUBCONTRACTING AT THE GROWTH COMPANY
The Growth Company (GC) is committed to promoting supply chain excellence with our subcontractors and is accredited to the Merlin Standard.
The aim of the Merlin Standard, an accreditation introduced by the Department for Work and Pensions, encourages excellent supply chain management and to ensure fair treatment of partners and subcontractors by prime contractors. At GC we are committed to supporting and enabling supply chain performance and investing in our supply chain networks.
Our procurement processes adhere to the principles of open, transparent and fair procurement practice. We work to ensure that value for money is achieved throughout our procurement and supply chain management activities. GC commits to conduct our procurement activities responsibly and with integrity.
The Growth Company - Supply Chain Partners
Please register onto our group procurement system where all our tendering opportunities for The Growth Company are published. The system will be updated with any opportunities. .
Supply Chain Fees Policy
The standard subcontract management fee is generally 15% of the ESFA funding received against each learner as outlined in ESFA good practice guidelines.
This will apply to:
- Full subcontracting (Provision)
- Employer led subcontracting
- College partners
However, there may be occasions where this fee is negotiated on a case by case basis, or where a new Subcontractor needs more intensive support and management then a higher management may be negotiated as appropriate. This is to reflect the resources required to provide more intensive support to ensure quality standards are being met and any risk is being properly managed during any development process. At the end of the agreed period and once all quality thresholds are met the subcontractor will transfer to the applicable standard rate.
We are open and transparent with our Supply Chain Fees which are published annually;