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Sheffield Early Years Provider Consultation on Payment Frequency
This consultation relates to payments made to all early years providers in Sheffield for Funded Early Learning (FEL), and the proposal to change how and when these are paid from 1 April 2025. We invite all childcare providers who currently offer, or are planning to offer, FEL to respond to the consultation below by 30 October 2024.
Sheffield Early Years Provider Consultation on Payment Frequency
This consultation relates to payments made to all early years providers in Sheffield for Funded Early Learning (FEL), and the proposal to change how and when these are paid from 1 April 2025. We invite all childcare providers who currently offer, or are planning to offer, FEL to respond to the consultation below by 30 October 2024.
Pay providers based on the existing current payment method. This model pays 70% of funding paid in the Forecasting Headcount Task and the remaining 30% funding paid in the Actual Headcount Task with a further Amendment Task for any funding adjustments.
Model 2
Pay providers 12 monthly payments with front loaded payments at the start of each term (for example, a 40% front loaded payment will be paid in April, September and January) with all remaining monthly payments profiled for the number of months in the term.
The summer term is five months. Providers will be paid 40% funding in April, followed by four monthly payments in May to August of 15% based on pupil data they input on the Sheffield Provider Portal.
Autumn term is four months. Providers will be paid 40% in September followed by three monthly payments of 20% based on data they input on the Sheffield Provider Portal.
Spring term is three months. Providers will be paid 40% in January followed by two monthly payments of 30% based on data they input on the Sheffield Provider Portal.
Model 3
Pay providers 12 monthly payments with front loaded payments at the start of each term (for example, 45% front loaded payment paid in April, September and January) with all remaining monthly payments profiled for the number of months in the term.
The summer term is five months therefore providers will be paid 45% in April, followed by four monthly payments in May to August of 13.75% based on data they input on the Sheffield Provider Portal.
Autumn term is four months therefore providers will be paid 45% in September followed by three monthly payments of 18.33% based on data they input on the Sheffield Provider Portal.
Spring term is three months therefore providers will be paid 45% in January followed by two monthly payments of 27.5% based on data they input on the Sheffield Provider Portal.
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