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Department for Educaton award NYES SRMA contract

North Yorkshire Education Services’ (NYES) Financial Management Service (FMS) has recently been awarded a contract by the Department for Education (DfE) to act as School Resource Management Advisers (SRMA), supporting schools and academies to manage and maintain financial health.

The DfE has previously run a pilot through the Education and Skills Funding Agency (ESFA) for SRMAs in conjunction with the Institute of School Business Leadership (ISBL) and is now in a position to roll this support out nationally.

The DfE initiative is seen as a major development in the schools and academies market, with leading education sector providers working with schools and academies as SRMAs; reviewing their financial health and supporting them in the development of sustainable budget plans for the future.

Sally Dunn, FMS Team Manager commented: “offering this service on behalf of the DfE is a great opportunity for NYES. The contract award from the DfE is a reflection of the skills and expertise that exist within our team and our understanding of the financial challenges currently facing schools and academies.”

Stacey Burlet, Commercial Director for NYES added: “we understand the needs of the education sector and we see this development as a real opportunity for us to support an ever developing market, making sure that school and academy financial management supports the delivery of their strategic plans to maximise the outcomes for all pupils”.

NYES is now going through an accreditation period, ending in January, after which our ten experts will be supporting schools and academy leadership throughout the north of England.