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TENACORE - 2010
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TENACORE - 2010
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Last modified
1/3/2012 1:58:32 PM
Creation date
2/2/2011 9:52:21 AM
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Contracts
Company Name
TENACORE
Contract #
A-2010-240
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
12/6/2010
Expiration Date
4/30/2011
Insurance Exp Date
1/1/2011
Destruction Year
2016
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M. Training Provider <br />1. Company Name: FARUS, LLC <br />2. Contact Name: Martin Culjat <br />3. Address: 2146 Sand Hill Rd., Menlo Park, CA 94025 <br />4. Phone : 310-869-5504 <br />5. Total Training Hours: 200 hours <br />6. Provider on the Santa Ana WORK Center Qualified Vendor List: X Yes No <br />IV. Training Reimbursement Rate <br />50 percent employer contribution for customized training is required per WIA Section 101(8)(C), however current waiver <br />permits the following sliding scale based on the size of the business: <br />(1) no less than a 10 percent match for employers with 50 or fewer employees = up to 90 percent reimbursement <br />(2) no less than a 25 percent match for employers with 51 - 250 employees = up to 75 percent reimbursement <br />(3) no less than a 50 percent match for employers with more than 250 employees = up to 50 percent reimbursement <br />1. Number of Tenacore Employees: 125 <br />2. Reimbursement Rate: un to 75% <br />3. Training Cost. $68,000 <br />4. Reimbursement Calculation: $68,000 X 75% = $51,000 <br />3
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