Preparing for exit Sample Clauses

Preparing for exit. In a scenario where we are preparing for the natural closedown of the service we do not anticipate there to be any live CoS’s beyond the 30 June 2024. We anticipate that the number of CoS applications will reduce during the financial year 2023/2024 in line with Erasmus+ and ESC project closure timelines. We will ensure this is monitored and managed with a decision to scale back service resources and support including staffing levels, applicant support, website and customer service taken where appropriate. These activities will be captured in the Exit Plan. We will also ensure that relevant stakeholders including all Erasmus+ and ESC National Agencies are informed about this change and the forthcoming closure of the sponsorship service. In a scenario where we are preparing for early contract termination, we anticipate that in addition to handing over to a new supplier that there will be live CoS which will need to be transferred, via a change of circumstance application to UKVI. We have not undertaken this process previously and will need to investigate the application process and timeframes in order to prepare our exit plans for this scenario. Once the contract exit process is triggered, we will work with DfE to ensure that the exit activities are implemented quickly to ensure a smooth close down or hand over of the service which is in compliance with DfE and UKVI requirements. The Operational Leads will be responsible for managing the Exit Plan and ensuring all activities are delivered on time. During this phase we will produce detailed guidance to stakeholders. Figure 1 summarises the key phases and indicative time for Tier 5 Exit Management in a scenario where we are preparing for the natural closedown of the service.