Continuing Education and Training Act, 2006 (Act No. 16 of 2006)NoticesNational Norms and Standards for Funding Technical and Vocational Education and Training CollegesE. Other Funding Streams59 - 62. Earmarked capital funding |
59. | This public funding stream covers items not covered by the capital infrastructure portion of the funding rate (see paragraph 86 below). Hence this stream covers two types of capital expenditure: (1) Capital expenditure to expand the infrastructure of existing campuses, or to construct new campuses; (2) Capital expenditure required to address capital infrastructure backlogs inherited from spending in the past. |
60. | The Capital Infrastructure Efficiency Grant (CIEG) was introduced as earmarked grant by National Treasury for college new building and refurbishment as student numbers rise, as well as the increased maintenance costs consequent on rising numbers given the expansion in the college system. The maintenance situation (including the repair and updating of equipment) needs to be carefully monitored and funds for it specifically earmarked. Special conditions will be developed by DHET on the expenditure of CIEG. The CIEG allocation must be dedicated to an average of 10% for TVET College infrastructure to be compliant to disability needs. |
61. | DHET must ensure that transparent and fair procedures are followed in the allocation of earmarked capital funding to colleges. However, it is not a requirement that all colleges be funded equitably with respect to this stream in every financial year. Targeting of particular colleges during particular years is thus permissible. However, in the medium to long term, the distribution of earmarked capital funding across colleges must be equitably pro-poor. |
62. | Earmarked capital funding is an important means for making colleges more accessible for the physically disabled. DHET should ensure that sufficient earmarked capital funding is made available to adapt existing infrastructure in such a way that full access in this regard becomes possible. |