The Environment Agency have issued an Energy Saving Opportunity Scheme (ESOS) newsletter which confirms the University criteria for ESOS compliance.
The ESOS guidance already states that universities which get more than half their funding from private sources must comply with ESOS. The newsletter now confirms that student loans are treated as private financing for the purpose of determining qualification for ESOS.
This is in line with Article 3 (w) of the Public Contracts Regulations 2006 and Public Contracts (Scotland) Regulations 2012. The status of student loans as private financing applies even where tuition fees are paid straight from the applicable government owned loan company to the higher education institution.
The newsletter also encourages organisations to undertake action to comply now rather waiting until nearer the deadline.
For information on how to comply with ESOS, please contact Lesley Treacy (Lesley.Treacy@greengage-env.com /0203 544 4000).