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TENACORE 1A - 2010
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TENACORE 1A - 2010
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Last modified
1/3/2012 1:58:33 PM
Creation date
8/8/2011 10:40:29 AM
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Contracts
Company Name
TENACORE
Contract #
A-2010-240-01
Agency
COMMUNITY DEVELOPMENT
Expiration Date
6/30/2011
Insurance Exp Date
1/1/2012
Destruction Year
2017
Notes
A-2010-240
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111. Training Provider <br />1. Company Name: FARUS, LLC <br />2. Contact Name: Martin Culiat <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 ofTenacore Employees: <br />2. Reimbursement Rate: up to 75% <br />3. Training Cost: $68,000 <br />4. Reimbursement Calculation: $68,000 X 75% _ $51,000 <br />3
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