Common use of Capital Funding Clause in Contracts

Capital Funding. It is the Provider’s responsibility to ensure that a capital and equipment replacement programme is in place to ensure the continued delivery of the service. Capital is allocated directly to NHS Boards but NSD is responsible for funding the revenue consequences of capital equipment purchases. NSD must be consulted when the Provider wishes to invest capital for national services to ensure that NSD can support the revenue consequences of the investment in future years. NSD receives a nominal capital allocation to augment the capital replacement programme put in place by the Provider. This allocation is to ensure that any dated or failing equipment can be replaced before service delivery is compromised. The allocation does not cover buildings or infrastructure. The Provider will therefore ensure that the service has a planned programme for the maintenance of the buildings and facilities. The Provider will be invited to submit applications for capital investment by June of each year. Applications must be submitted by the Provider’s management team. NSD will undertake a prioritisation process and will allocate the capital funds to Providers where there is risk to delivery of the service. Procurement must be completed before the end of the financial year. Minor capital (items under £5,000 including VAT) is funded by revenue. All minor capital purchases not explicitly included in the indicative baseline should be agreed in advance with NSD.

Capital Funding. It is the Provider’s responsibility to ensure that a capital and equipment replacement programme is in place to ensure the continued delivery of the service. Capital is allocated directly to NHS Boards but NSD is responsible for funding the revenue consequences of capital equipment purchases. NSD must be consulted when the Provider wishes to invest capital for national services to ensure that NSD can support the revenue consequences of the investment in future years. NSD receives a nominal capital allocation to augment the capital replacement programme put in place by the Provider. This allocation is to ensure that any dated or failing equipment can be replaced before service delivery is compromised. The allocation does not cover buildings or infrastructure. The Provider will therefore ensure that the service has a planned programme for the maintenance of the buildings and facilities. facilities.‌ The Provider will be invited to submit applications for capital investment by June of each year. Applications must be submitted by the Provider’s management team. NSD will undertake a prioritisation process and will allocate the capital funds to Providers where there is risk to delivery of the service. Procurement must be completed before the end of the financial year. year.‌ Minor capital (items under £5,000 including VAT) is funded by revenue. All minor capital purchases not explicitly included in the indicative baseline should be agreed requested in advance with NSD.a business case to NSD.‌‌

Capital Funding. It is the Provider’s responsibility to ensure that a capital and equipment replacement programme is in place to ensure the continued delivery of the service. Capital is allocated directly to NHS Boards but NSD is responsible for funding the revenue consequences of capital equipment purchases. NSD must be consulted when the Provider wishes to invest capital for national services to ensure that NSD can support the revenue consequences of the investment in future years. NSD receives a nominal capital allocation to augment the capital replacement programme put in place by the Provider. This allocation is to ensure that any dated or failing equipment can be replaced before service delivery is compromised. The allocation does not cover buildings or infrastructure. The Provider will therefore ensure that the service has a planned programme for the maintenance of the buildings and facilities. The Provider will be invited to submit applications for capital investment by June of each year. Applications must be submitted by the Provider’s management team. NSD will undertake a prioritisation process and will allocate the capital funds to Providers where there is risk to delivery of the service. Procurement must be completed before the end of the financial year. Minor capital (items under £5,000 including VAT) is funded by revenue. All minor capital purchases not explicitly included in the indicative baseline should be agreed requested in advance with a business case to NSD.

Capital Funding. It is the Provider’s responsibility to ensure that a capital and equipment replacement programme is in place to ensure the continued delivery of the service. Capital is allocated directly to NHS Boards but NSD is responsible for funding the revenue consequences of capital equipment purchases. NSD must be consulted when the Provider wishes to invest capital for national services to ensure that NSD can support the revenue consequences of the investment in future years. NSD receives a nominal capital allocation to augment the capital replacement programme put in place by the Provider. This allocation is to ensure that any dated or failing equipment can be replaced before service delivery is compromised. The allocation does not cover buildings or infrastructure. The Provider will therefore ensure that the service has a planned programme for the maintenance of the buildings and facilities. facilities.‌ The Provider will be invited to submit applications for capital investment by June of each year. Applications must be submitted by the Provider’s management team. NSD will undertake a prioritisation process and will allocate the capital funds to Providers where there is risk to delivery of the service. Procurement must be completed before the end of the financial year. Minor capital (items under £5,000 including VAT) is funded by revenue. All minor capital purchases not explicitly included in the indicative baseline should be agreed requested in advance with NSD.a business case to NSD.‌‌