Supply Chain Fees + Charges Policy
Milltech has a rigorous selection procedure for potential sub-contractors with regards to quality of learning and support and to the success rates achieved.
Milltech will provide administration support to sub-contractors and conduct its own internal verification process to the Milltech quality procedures.
Vacancies will be automatically advertised on NAS and responses filtered to interview level.
A charge of 20% will be taken by Milltech for the services provided and paid within 40 days of the receipt of funds from the Skills Funding Agency.
Milltech continue to ensure the highest quality training to our learners particularly to maintain and improve upon our OFSTED Grade 2.
There are subject areas or geographical areas where we feel a Training Partner could provide training at least to the Milltech and standard and we investigate and appoint a sub-contractor in these areas.
Milltech holds a monthly meeting with each of their sub-contractors to discuss operational issues and mutually ensure training progress and the exchanging of ideas by way of support.
Milltech uses an 80% fee payment to the sub-contractor with the 20% retained by Milltech for administration.
Payment for each sub-contractor is calculated on a matrix for all their learners planning the amount of drawdown for each learner. Totals are confirmed at the monthly meeting and paid within 40 days of Milltech's receipt of SFA monies.
Any issues concerning other aspects of the contract are discussed at the regular meeting.
Monthly meetings involve maintenance, objectives and principles of Milltech and the sub-contractor cover the actual operation and future policies of our joint interests, this will ensure adherence to the Milltech quality procedures.