§ Mrs. RocheTo ask the Secretary of State for Education and Employment in respect of which TECs she considers monitoring systems are(a) adequate and (b) inadequate. [10413]
§ Mr. PaiceThe Department assigns financial risk banding to each training and enterprise council after assessing whether it complies with financial control provisions contained in the TEC operating agreement. These require TECs to monitor their own activities, and those of subcontractors, as well as meeting a range of obligations to young people and adults participating in training programmes.
819WThese assessment do not cover TECs' private income nor any other internal financial matter which fall outside their contracts with Government. Financial control risk banding are reviewed quarterly, but individual TEC results are confidential.
The latest composite TEC risk banding results are for the quarter ended 30 September 1995, when all 74 English TECs fell within the Department's low risk band.