The Challenge issued High Court proceedings against NCS Trust last August claiming £26m for breach of contract and loss of earnings after its contract to deliver the government-backed programme for 16- and 17-year-olds in London, the South East and the West Midlands was not renewed.
The parties announced today (Thursday) that they had agreed “mutually acceptable terms” to settle all outstanding issues.
Under the settlement, NCS Trust will pay £2.8m in respect of costs incurred by The Challenge for unfilled places during 2019 which can be claimed under the contract.
In a statement, NCS Trust said it accepted no liability in respect of the other two parts of The Challenge’s legal claim.
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