Building and Construction Development Fund
- Name of the instrument - Local language
- Bygge- og Anlægsbranchens Udviklingsfond
- Name of the instrument - English translation
- Building and Construction Development Fund
- Type of instrument
- Training fund
- Type of entry
- Example for a group of instruments
- Short description
Companies in construction sector are obliged by collective agreement to contribute a fixed amount per employee to a training fund and may receive contributions to their training costs in return. The eligible activities include: general education, secondary education, adult vocational training and tertiary education. Companies receive a grant for compensating the wage costs and other costs related to their training activities.
- Short description of the related instruments
Based on sectoral agreements between the social partners, there is a high number of training funds in Denmark, so called education and competence funds. Training funds are engaged in a variety of training-related activities. Educational funds are commonly used to develop new teaching or training courses, produce and disseminate information, material etc. The purpose of competence funds is to support worker participation in CVET. As the mainly state-funded CVET system provides vocational courses at no or very low costs, training funds do use only a small part of their means for reimbursing companies' spending on course fees. There is no comprehensive overview on the various sectors funds.
- Level of operation
- Name of a part of the country
- Name of the region (for regional instruments)
- Name of the sector (for sectoral instruments)
- Construction sector
- Legal basis
- Objective(s) and target(s)
To support employees' participation in continuing education within the building and construction sector.
- Year of implementation
The fund was established as an agreement between The Danish Construction Association (employer association) and 3F (United Federation of Danish Workers).
The training fund is administered by ‘kompetencefonde.dk’ which administers a wide range of sectoral training funds.
- Eligible group(s)
Companies under the respective collective agreements
- Education and training eligible
Support can cover for example competence assessment, CVET as well as programmes targeting educational planning for employees in companies.
A wide range of training activities that focus on employment in the building and construction sector and have been pre-approved by the fund are eigible; different educational levels (general education, secondary education, adult vocational training and tertiary education).
- Source of financing and collection mechanism
Levy on companies - a fixed annual amount of DKK 520 per employee
- Financing formula and allocation mechanisms
Companies receive up to 48% of the wage costs with a maximum of 65 DDK per hour. Other vairious training costs may be covered by the fund.
Allocation: It is the company that applies for funding. Reimbursment principle.
- Eligible costs
Fees and other costs other related to education and training (e.g. wage costs)
- Volumes of funding
- Beneficiaries/take up
- Organisation responsible for monitoring/evaluation
- Monitoring/evaluation reports available
- Most relevant webpage - in English
- Most relevant webpage - local language