Burnley Road Academy: Risk Management

Department for Education written question – answered on 11th February 2016.

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Photo of Ian Mearns Ian Mearns Chair, Backbench Business Committee, Chair, Backbench Business Committee

To ask the Secretary of State for Education, what financial support the Risk Protection Arrangement has offered to Burnley Road Academy in Cumbria; and what assessment she has made of the extent to which that scheme has reimbursed the losses incurred by academy trusts as a result of flooding.

Photo of Edward Timpson Edward Timpson Minister of State (Education)

The Department’s Risk Protection Arrangement (RPA) will cover all storm related costs incurred by Burnley Road academy in Calderdale, including the costs of temporary accommodation while the original building is reinstated.

The RPA will similarly cover all costs incurred by academy trusts who are members of the RPA as a result of flooding, in accordance with the RPA membership rules. It is too early to assess the total cost to RPA of these losses, since claims are still being reported, evaluated and settled. As at January 27, a £3.7 million reserve total for RPA claims has so far been identified to cover losses as a result of recent storms.

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