The Education and Skills Funding Agency is to be reviewed to ensure continued effectiveness, it has been announced.
The move is part of a wider programme across government arm’s length bodies and will be led by Professor Sir David Bell, vice-chancellor of the University of Sunderland. He will be supported by a team of civil servants, and will have access to a "challenge panel", the members of which will provide insight and feedback.
The independent review, which will run until early 2022, will consider the ESFA’s operating model, governance, accountability model and impact. The ESFA is accountable for £65 billion of funding for the education and training sector, providing assurance that public funds are properly spent.
Need to know: ESFA to build 'supportive relationships' with colleges
It also regulates academies, further education and sixth-form colleges, and training providers, as well as delivering major projects and services including the National Careers Service, apprenticeships and T levels.
Minister for the school system Baroness Berridge said: “The Education and Skills Funding Agency is responsible for making sure more than £60bn of funding gets to where it is needed and is properly spent, among a wide range of other vital functions.
“We will examine the ESFA and will identify opportunities for improvement, and areas of success on which we can build, so that it continues to deliver for the public and continues to represent a responsible use of taxpayers’ money.”