Today I have laid before the House, a departmental minute giving notice of a contingent liability in respect of Ada National College for Digital Skills.
The proposal will be reported as a contingent liability in line with the HM Treasury contingent liability framework and managed in accordance with managing public money (MPM).
As the forerunner of the institutes of technology, the national college programme established bespoke institutions to meet the skills gaps identified by employers.
Ada, the National College for Digital Skills, has played an essential role in establishing industry support and collaboration to deliver high quality education and build a strong reputation that will be hard to replace.
I am pleased to announce that work has commenced to relocate the college to the former Sir Simon Milton UTC building in Westminster. DFE is fully supporting this move and would like to thank the Greater London Authority for the role it has played in ensuring that Ada will thrive and continue to provide quality skills education at all levels.
HM Treasury has approved the proposal. A full departmental minute has been laid in the House of Commons providing more detail on this contingent liability.
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