Common use of Adjustment of Fees Clause in Contracts

Adjustment of Fees. The Department will adjust the Fees: on 1 July 2019 and annually thereafter during the Agreement Term, to reflect changes to inflation during the preceding Financial Year. The applicable inflation index will be determined by the Department in its absolute discretion; and at any time during the Agreement Term at the Department's discretion, to reflect the impact of any recalibration of the 2018 Funding Level Tool that assigns Participants into Funding Levels and Fees associated with those Funding Levels, which occurs to reflect changes in likelihoods of obtaining employment. The recalibration exercise is not intended to increase or reduce program outlays and will take into account, without limitation, industry performance and labour market factors as determined by the Department in its absolute discretion. The adjusted Fees will be given effect by the Department issuing a Direction to Providers that includes an updated Annexure B [Disability Employment Services - Fees] to replace the then current Annexure B and will set out the adjusted Fees applicable to the relevant Financial Year.

Appears in 13 contracts

Samples: Disability Employment Services Grant Agreement, Disability Employment Services Grant Agreement, Disability Employment Services Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!