ALLOCATION OF GRANT FUNDING AND JOINT COMMISSIONING Sample Clauses

ALLOCATION OF GRANT FUNDING AND JOINT COMMISSIONING. 1.1 The parties agree that the total amount of Grant Funding shall be allocated between the parties using the metrics provided by ACE for the allocation of Grant Funding as follows: 1.1.1 CCC - 32% 1.1.2 SMBC - 22% 1.1.3 WCC - 46% 1.2 In relation to costs commissioned jointly by all parties, each party’s contribution to these costs shall be proportionate to the amount of the Grant Funding that party has received, as set out in the table below. 1.3 Where costs have been commissioned by only two of the parties of this MoU, the contribution of those costs shall be proportioned as follows: Whole Hub Contributions to programmes 32% 22% 46% CCC & SMBC Programmes 60% 40% 0% CCC & WCC Programmes 40% 0% 60% SMBC & WCC programmes 0% 32% 68% 1. CCC contribution – 10,000 x 32% = £3,200 2. SMBC contribution – 10,000 x 22% = £2,200 3. WCC contribution – 10,000 x 46% = £4,600 However, if this programme was only being commissioned by WCC and SMBC, each party’s contribution would be as follows: 1. CCC contribution – 10,000 x 0% = £0 2. SMBC contribution – 10,000 x 32% = £3,200 3. WCC contribution – 10,000 x 68% = £6,800
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