§ Mr. CorbynTo ask the Secretary of State for Education and Employment if he will publish an annual report on the performance, costs and profit of the contractor appointed to run Islington's education service. [108875]
§ Ms Estelle MorrisIslington Council have signed, and are therefore responsible for, the education services contract with Cambridge Education Associates (CEA at Islington). Their council papers have made known the fact that the cost of the seven year contract is fixed at £86.6 million and that CEA agreed to cap their target related management fee at £600,000 net per annum. CEA are working to clear specifications and if they do not deliver they will not be rewarded. 50 per cent. of their profit is linked directly to standards. All changes in standards will be reflected in the published performance tables.
The London Borough of Islington is overseeing the tight contract monitoring arrangements with the assistance of DfEE officials. It is therefore up to Islington Council to decide whether they wish to publish an annual report regarding the monitoring of the contract.