29 January 2010
RM confirms on-screen marking framework agreement with government agency
RM confirms that it has agreed contractual terms with the Qualifications and Curriculum Development Agency (QCDA) for a four-year framework agreement to provide outsourced on-screen marking services. RM previously announced on 5 January 2010 that it had been appointed preferred bidder for the framework agreement.
Under the terms of the agreement, RM will become the primary supplier of on-screen marking services to QCDA. QCDA may request RM to provide services for test marking on a cycle-by-cycle basis over the four-year term of the agreement. RM anticipates that the agreement will be worth up to £1m to the Group during FY-2010.
For further information, please contact:
Mike Greig/Phil Hemmings, RM plc |
08450 700300 |
Chris Blundell/Franziska Boehnke, Brunswick |
020 7404 5959 |
Notes:
The RM Group is a leading provider of educational solutions that help teachers to teach and learners to learn. RM works closely with educationalists to create new products, processes and technology that improve education. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417. Further details are available at ww.rm.com/investors and through the Group's investor blog at rminvestors.wordpress.com
RM Assessment and Data Services will develop and deliver a comprehensive managed service based on RM's innovative scoris® e-marking system. The service will include scanning of test scripts, hosting & distribution of electronic script images, a computer-based marking application, support for markers, electronic return of marks, and script archiving.
The Qualifications and Curriculum Authority (QCA) is currently operating certain of its non-regulatory functions under the name the Qualifications and Curriculum Development Agency (QCDA). The legal entity remains QCA, established under the Education Act 1997, and will continue to do so until the relevant sections in the Apprenticeships, Skills, Children and Learning Act 2009 comes into effect (anticipated to be 1 April 2010) to formally establish QCDA. QCA/QCDA is responsible for the development of curriculum, delivery of assessments and reform of qualifications. It works with the education, skills and business communities to develop effective and innovative ways to help children and adults to progress, achieve their full potential and to demonstrate that achievement to others.