Contributions to the Pooled fund. 9.3.1 Annual contributions to the Pooled fund will be calculated taking into account but not limited to (i) recurrently rolled forward Funds from previous year (ii) plus or minus agreed in-year changes where recurrent (overspends or underspends) (iii) plus or minus agreed inflationary uplift (iv) plus or minus planned and agreed changes, and (v) minus planned and agreed efficiency requirements 9.3.2 The parties agree that these changes must not have a detrimental financial impact on either party unless specifically agreed with the party adversely affected and approved by HCICB. 9.3.3 Contributions agreed by Parties will be formally budgeted for prior to the start of the new financial year. 9.3.4 Where required, the organisation which is not hosting the Pool will pay its contribution to the Pooled Fund by 4 equal instalments on a fixed date agreed with the Pool Host in each year of this Agreement. As a minimum this will be an amount equal to the amount allocated in respect of its revenue expenditure budget for the CHANGE Services in question for the said Financial Year in which the payment is made. The amounts will be set out in Schedule 2. 9.3.5 The annual Pooled Fund will normally be calculated as the initial Pooled Fund for the previous year, plus any agreed in-year changes where it is decided these should be recurrent, plus any agreed inflationary uplift for the forthcoming year, plus any agreed planned changes for the coming year, plus any agreed efficiency requirements. The way in which such annual Pooled Fund will be determined shall be in accordance with the above provisions. 9.3.6 The contribution by the Council to the Pooled Fund shall be made upon the net figure after deductions for charges levied on Service Users, or any associated costs or expenses. 9.3.7 The parties recognise that there may be scope to develop the Partnership and to bring other budgets and services in addition to those specified in Schedule 1 into pooled or aligned arrangements from time to time and any such changes will be treated as variations to this agreement and will be evidenced in writing and Scheduled to this agreement. 9.3.8 The Pooled Fund shall only be used for the provision of Services agreed to fulfil the Aims and Outcomes of this Agreement as set out at Schedule 1 to this Agreement. 9.3.9 Changes forecast to the total level of agreed Pooled Fund expenditure for the year shall be reported to the next meeting of the HCICB and the HCICB shall agree appropriate action to contain expenditure within an individually agreed Individual Pool Budget or to utilise a surplus, or exceptionally, where additional funding is thought to be required, shall submit a case of need to the Parties. Where additional funding is approved, the Parties will consider the appropriateness of continuing such level of funding as part of the Pooled Fund setting process for the following year. 9.3.10 Where an unforeseen overspend arises at the end of the Financial Year, the Parties will need to consider how best to fund this and its implications for future years. Parties have agreed that as a general principle overspends will not be tolerated and if this situation arises then actions will be approved in-year by the HCICB to avert this situation. In the event that overspends do arise then the nature of this will be explicitly set out by the Individual Pool Budget Manager and the source understood CHANGE by the HCICB so that fair and appropriate action can be agreed to fund the pressure. 9.3.11 The HCICB will be responsible for negotiating any proposed arrangements for joint support in the instance of under or overspends in year within the overall spirit of Partnership arrangements and financial positions recognising that Parties retain statutory responsible for this element of the service. Such negotiated proposals must be agreed between the parties before they shall be implemented. Where recurrent pressures are identified then the HCICB will consider whether it is necessary to instruct the Individual Pool Budget Managers to develop robust recovery plans. 9.3.12 Where there is a surplus in an Individual Pool Budget then the Pool Host shall identify this for in-year financial management purposes, taken in wider context with all other Pooled Budgets, and any recurrent impact of this on future year’s contributions. Any in-year surpluses identified should be made explicit in the reports so that the HCICB can understand this in the wider context of all Individual Pool Budgets and give consideration to other options it feels are appropriate (such as applying this to other Pooled overspending areas or known pressures and/or carrying forward any surplus for the benefit of the service in future years or making an in-year repayment to the Parties based on percentage contributions). Where the surplus has a recurrent impact then Parties may propose options around retaining this for service investments or agreeing a recurrent deduction to party contributions which will be subject to review by the HCICB. Such agreement is to be indicated in writing in the minutes of the relevant meeting of the HCICB. 9.3.13 The Parties may not normally vary their annual contributions to the Pooled Fund during the course of the financial year to which the annual contribution applies. Any variations to the Parties’ annual contributions must be recommended by the HCICB, having considered the wider context as outlined in xxx above, with such agreement indicated in writing in the minutes of the relevant meeting of the HCICB. 9.3.14 In the event of dispute or disagreement in relation to the liability or benefit for any overspend or underspend the matter may be referred by either Party in accordance with Clause 9.3.2.
Appears in 2 contracts
Samples: Section 75 Partnership Agreement, Section 75 Partnership Agreement
Contributions to the Pooled fund. 9.3.1 Annual contributions to the Pooled fund Fund will be calculated taking into account but not limited to
(i) recurrently rolled forward Funds from previous year
(ii) plus or minus agreed in-year changes where recurrent (overspends or underspends)
(iii) plus or minus agreed inflationary uplift
(iv) plus or minus planned and agreed changes, and
(v) minus planned and agreed efficiency requirements
9.3.2 The parties agree that these changes must not have a detrimental financial impact on either party unless specifically agreed with the party adversely affected and approved by HCICB.
9.3.3 Contributions agreed by Parties will be formally budgeted for prior to the start of the new financial year.
9.3.4 Where required, the organisation which is not hosting the Pool will pay its contribution to the Pooled Fund by 4 equal instalments on a fixed date agreed with the Pool Host in each year of this Agreement. As a minimum this will be an amount equal to the amount allocated in respect of its revenue expenditure budget for the CHANGE Services in question for the said Financial Year in which the payment is made. The amounts will be set out in Schedule 2.
9.3.5 The annual Pooled Fund will normally be calculated as the initial Pooled Fund for the previous year, plus any agreed in-year changes where it is decided these should be recurrent, plus any agreed inflationary uplift for the forthcoming year, plus any agreed planned changes for the coming year, plus any agreed efficiency requirements. The way in which such annual Pooled Fund will be determined shall be in accordance with the above provisions.
9.3.6 The contribution by the Council to the Pooled Fund shall be made upon the net figure after deductions for charges levied on Service Users, or any associated costs or expenses.
9.3.7 The parties recognise that there may be scope to develop the Partnership and to bring other budgets and services in addition to those specified in Schedule 1 into pooled or aligned arrangements from time to time and any such changes will be treated as variations to this agreement and will be evidenced in writing and Scheduled to this agreement.
9.3.8 The Pooled Fund shall only be used for the provision of Services agreed to fulfil the Aims and Outcomes of this Agreement as set out at Schedule 1 to this Agreement.
9.3.9 Changes forecast to the total level of agreed Pooled Fund expenditure for the year shall be reported to the next meeting of the HCICB and the HCICB shall agree appropriate action to contain expenditure within an individually agreed Individual Pool Pooled Service Budget or to utilise a surplus, or exceptionally, where additional funding is thought to be required, shall submit a case of need to the Parties. Where additional funding is approved, the Parties will consider the appropriateness of continuing such level of funding as part of the Pooled Fund setting process for the following year.
9.3.10 Where an unforeseen overspend arises at the end of the Financial Year, the Parties will need to consider how best to fund this and its implications for future years. Parties have agreed that as a general principle overspends will not be tolerated and if this situation arises then actions will be approved in-year by the HCICB to avert this situation. In the event that overspends do arise then the nature of this will be CHANGE explicitly set out by the Individual Pool Pooled Service Budget Manager and the source understood CHANGE by the HCICB so that fair and appropriate action can be agreed to fund the pressure.
9.3.11 The HCICB will be responsible for negotiating any proposed arrangements for joint support in the instance of under or overspends in year within the overall spirit of Partnership arrangements and financial positions recognising that Parties retain statutory responsible for this element of the service. Such negotiated proposals must be agreed between the parties before they shall be implemented. Where recurrent pressures are identified then the HCICB will consider whether it is necessary to instruct the Individual Pool Pooled Service Budget Managers to develop robust recovery plans.
9.3.12 Where there is a surplus in an Individual Pool Pooled Service Budget then the Pool Host shall identify this for in-year financial management purposes, taken in wider context with all other Pooled Service Budgets, and any recurrent impact of this on future year’s contributions. Any in-year surpluses identified should be made explicit in the reports so that the HCICB can understand this in the wider context of all Individual Pool Pooled Service Budgets and give consideration to other options it feels are appropriate (such as applying this to other Pooled Service overspending areas or known pressures and/or carrying forward any surplus for the benefit of the service in future years or making an in-year repayment to the Parties based on percentage contributions). Where the surplus has a recurrent impact then Parties may propose options around retaining this for service investments or agreeing a recurrent deduction to party contributions which will be subject to review by the HCICB. Such agreement is to be indicated in writing in the minutes of the relevant meeting of the HCICB.
9.3.13 The Parties may not normally vary their annual contributions to the Pooled Fund during the course of the financial year to which the annual contribution applies. Any variations to the Parties’ annual contributions must be recommended by the HCICB, having considered the wider context as outlined in xxx above, with such agreement indicated in writing in the minutes of the relevant meeting of the HCICB.
9.3.14 In the event of dispute or disagreement in relation to the liability or benefit for any overspend or underspend the matter may be referred by either Party in accordance with Clause 9.3.29 CHANGE
9.3.15 The DIC shall present a quarterly and an annual report to the HCICB, which shall be provided to the relevant Parties and include income and expenditure received by or incurred from the Pooled Fund. Such reports shall include an item on potential overspend or underspend.
Appears in 1 contract
Samples: Section 75 Partnership Agreement
Contributions to the Pooled fund. 9.3.1 Annual contributions to the Pooled fund will be calculated taking into account but not limited to
(i) recurrently rolled forward Funds from previous year
(ii) plus or minus agreed in-year changes where recurrent (overspends or underspends)
(iii) plus or minus agreed inflationary uplift
(iv) plus or minus planned and agreed changes, and
(v) minus planned and agreed efficiency requirements
9.3.2 The parties agree that these changes must not have a detrimental financial impact on either party unless specifically agreed with the party adversely affected and approved by HCICB.
9.3.3 Contributions agreed by Parties will be formally budgeted for prior to the start of the new financial year.
9.3.4 Where required, the organisation which is not hosting the Pool will pay its contribution to the Pooled Fund by 4 equal instalments on a fixed date agreed with the Pool Host in each year of this Agreement. As a minimum this will be an amount equal to the amount allocated in respect of its revenue expenditure budget for the CHANGE Services in question for the said Financial Year in which the payment is made. The amounts will be set out in Schedule 2.
9.3.5 18.1 The annual Pooled Fund will normally be calculated as the initial Pooled Fund for the previous year. Annual contributions to the Pooled Fund will be agreed between the Parties and may consider, plus any but not limited to, the following: recurrently rolled forward Funds from previous year
18.1.1 plus, or minus agreed in-year changes where it is decided these should be recurrentrecurrent (overspends or underspends)
18.1.2 plus, plus any or minus agreed inflationary uplift for the forthcoming yearuplift
18.1.3 plus, plus any or minus planned and agreed changes, and
18.1.4 minus planned changes for the coming year, plus any and agreed efficiency requirements.
18.2 The way in which such Parties agree that these changes must not have a detrimental financial impact on either Party unless specifically agreed with the Party adversely affected and approved by the Responsible Officers, or their nominated deputies.
18.3 Contributions agreed by Parties will be formally budgeted for prior to the start of the new Financial Year.
18.4 The Parties may not normally vary their annual contributions to the Pooled Fund will during the course of the Financial Year to which the annual contribution applies. Any variations to the Parties’ annual contributions must be determined shall be agreed in accordance with writing by the above provisionsResponsible Officers following consideration of information prepared by the Parties’ respective Finance Leads.
9.3.6 18.5 The contribution by the Council to the Pooled Fund shall be made upon the net gross figure after prior to deductions for charges levied on Service Users, or any associated costs or expensesexpenses or as alternatively agreed.
9.3.7 18.6 The parties recognise that there may be scope to develop the Partnership and to bring other budgets and services in addition to those specified set out in Schedule 1 into pooled Two and the relevant budgets in Schedule Three shall set out any non-financial contributions (and the service or aligned arrangements from time services to time which they relate) of each Party including staff (Alliance Director), premises, IT support and any such changes other non-financial resources necessary to perform its obligations pursuant to this Agreement (including, but not limited to, management of service contracts and the Pooled Fund).
18.7 Both Parties may contribute additional resource which supports management and delivery of the integrated service model which is not detailed in Schedule Three. Such contributions will be treated as variations the responsibility of each individual Party unless a variation to this agreement and will be evidenced in writing and Scheduled the Agreement is considered appropriate, subject to this agreementClause 35.
9.3.8 The Pooled Fund shall only be used for the provision of Services agreed to fulfil the Aims and Outcomes of this Agreement as set out at Schedule 1 to this Agreement.
9.3.9 18.8 Changes forecast to the total level of agreed Pooled Fund expenditure for the year shall be reported to the next meeting HARAB in the first instance through the Alliance Director.
18.9 The Pooled Fund shall only be used for the provision of services as set out at Schedule Two to this Agreement.
18.10 The Parties recognise that there may be scope to develop the HCICB Partnership Framework and the HCICB shall agree appropriate action to contain expenditure within an individually agreed Individual Pool Budget or bring other budgets and services in addition to utilise a surplus, or exceptionally, where additional funding is thought to be required, shall submit a case of need to the Parties. Where additional funding is approved, the Parties will consider the appropriateness of continuing such level of funding as part of those specified in Schedule Two into the Pooled Fund setting process for the following yearor aligned arrangements from time to time and any such changes will be treated as variations to this Agreement and will be evidenced in writing and scheduled to this Agreement.
9.3.10 18.11 Where an unforeseen overspend arises at the end of the Financial Year, the Parties will need to consider how best to fund a contractual agreement is directly impacted by this and its implications for future years. Parties have agreed that as a general principle overspends will not be tolerated and if this situation arises then actions Agreement it will be approved in-year by the HCICB to avert this situation. In the event that overspends do arise then the nature of this will be explicitly set out by the Individual Pool Budget Manager and the source understood CHANGE by the HCICB so that fair and appropriate action can be agreed to fund the pressure.
9.3.11 The HCICB will be responsible for negotiating any proposed arrangements for joint support in the instance of under or overspends in year within the overall spirit of Partnership arrangements and financial positions recognising that Parties retain statutory responsible for this element of the service. Such negotiated proposals must be agreed between the parties before they shall be implemented. Where recurrent pressures are identified then the HCICB will consider whether it is necessary to instruct the Individual Pool Budget Managers to develop robust recovery plans.
9.3.12 Where there is a surplus in an Individual Pool Budget then the Pool Host shall identify this for in-year financial management purposes, taken in wider context with all other Pooled Budgets, and any recurrent impact of this on future year’s contributions. Any in-year surpluses identified should be made explicit in the reports so that the HCICB can understand this in the wider context of all Individual Pool Budgets and give consideration to other options it feels are appropriate (such as applying this to other Pooled overspending areas or known pressures and/or carrying forward any surplus for the benefit of the service in future years or making an in-year repayment to the Parties based on percentage contributions). Where the surplus has a recurrent impact then Parties may propose options around retaining this for service investments or agreeing a recurrent deduction to party contributions which will be subject to review by the HCICB. Such agreement is to be indicated in writing in the minutes responsibility of the relevant meeting of the HCICBParty to align funding flows accordingly, subject to Clause 8.
9.3.13 The Parties may not normally vary their annual contributions to the Pooled Fund during the course of the financial year to which the annual contribution applies. Any variations to the Parties’ annual contributions must be recommended by the HCICB, having considered the wider context as outlined in xxx above, with such agreement indicated in writing in the minutes of the relevant meeting of the HCICB.
9.3.14 In the event of dispute or disagreement in relation to the liability or benefit for any overspend or underspend the matter may be referred by either Party in accordance with Clause 9.3.2.
Appears in 1 contract
Samples: Section 75 Partnership Agreement
Contributions to the Pooled fund. 9.3.1 (i) Annual contributions to the Pooled fund Fund will be calculated taking into account agreed between the parties and may consider, but not no limited to
(i) to the following: recurrently rolled forward Funds from previous year
(ii) plus or minus agreed in-year changes where recurrent (overspends or underspends)
(iii) plus or minus agreed inflationary uplift
(iv) plus or minus planned and agreed changes, and
(v) minus planned and agreed efficiency requirements
9.3.2 9.3.1 The parties agree that these changes must not have a detrimental financial impact on either party unless specifically agreed with the party adversely affected and approved by HCICB.the Integrated Planning and Commissioning Board
9.3.3 9.3.2 Contributions agreed by Parties will be formally budgeted for prior to the start of the new financial year.
9.3.4 9.3.3 Where required, the organisation which is not hosting the Pool will pay its contribution to the Pooled Fund by 4 equal instalments on a fixed date agreed with the Pool Host in each year of this Agreement. As a minimum this will be an amount equal to the amount allocated in respect of its revenue expenditure budget for the CHANGE Services in question for the said Financial Year in which the payment is madeAgreement or as alternatively agreed. The amounts will be set out in Schedule 2.
9.3.5 9.3.4 The annual Pooled Fund will normally be calculated as the initial Pooled Fund for the previous year, plus any agreed in-year changes where it is decided these should be recurrent, plus any agreed inflationary uplift for the forthcoming year, plus any agreed planned changes for the coming year, plus any agreed efficiency requirements. The way in which such annual Pooled Fund will be determined shall be in accordance with the above provisions.
9.3.6 9.3.5 The contribution by the Council to the Pooled Fund shall be made upon the net figure after deductions for charges levied on Service Users, or any associated costs or expensesexpenses or as alternatively agreed.
9.3.7 9.3.6 The parties recognise that there may be scope to develop the Partnership and to bring other budgets and services in addition to those specified in Schedule 1 into pooled or aligned arrangements from time to time and any such changes will be treated as variations to this agreement and will be evidenced in writing and Scheduled to this agreement.
9.3.8 9.3.7 The Pooled Fund shall only be used for the provision of Services agreed to fulfil the Aims and Outcomes of this Agreement as set out at Schedule 1 to this Agreement.
9.3.9 9.3.8 Changes forecast to the total level of agreed Pooled Fund expenditure for the year shall be reported to the next meeting of the HCICB SRIPCB and the HCICB SRIPCB shall agree appropriate action to contain expenditure within an individually agreed Individual Pool Pooled Service Budget or to utilise a surplus, or exceptionally, where additional funding is thought to be required, shall submit a case of need to the Parties. Where additional funding is approved, the Parties will consider the appropriateness of continuing such level of funding as part of the Pooled Fund setting process for the following year.
9.3.9 Liabilities for any overspend will be the responsibility of the relevant Commissioning organisation.
9.3.10 Where an unforeseen overspend arises at the end of the Financial Year, the Parties will need to consider how best to fund this and its implications for future years. Parties have agreed that as a general principle overspends will not be tolerated and if this situation arises then actions will be approved in-year by the HCICB SRIPCB to avert this situation. In the event that overspends do arise then the nature of this will be explicitly set out by the Individual Pool Pooled Service Budget Manager and the source understood CHANGE by the HCICB so SRIPCB. The responsible Party for commissioning the relevant service that fair and appropriate action can is overspent, will be agreed to fund responsible for funding the pressure.
9.3.11 The HCICB SRIPCB will be responsible for negotiating any proposed arrangements for joint support in the instance of under or overspends in year within the overall spirit of Partnership arrangements and financial positions recognising that Parties retain statutory responsible for this element of the service. Such negotiated proposals must be agreed between the parties before they shall be implemented. Where recurrent pressures are identified then the HCICB SRIPCB will consider whether it is necessary to instruct the Individual Pool Pooled Service Budget Managers to develop robust recovery plans.
9.3.12 Where there is a surplus in an Individual Pool Pooled Service Budget then the Pool Host shall identify this for in-year financial management purposes, taken in wider context with all other Pooled Service Budgets, and any recurrent impact of this on future year’s contributions. Any in-year surpluses identified should be made explicit in the reports so that the HCICB SRIPCB can understand this in the wider context of all Individual Pool Pooled Service Budgets and give consideration to other options it feels are appropriate (such as applying this to other Pooled Service overspending areas or known pressures and/or carrying forward any surplus for the benefit of the service in future years or making an in-year repayment to the Parties based on percentage contributions). Where the surplus has a recurrent impact then Parties may propose options around retaining this for service investments or agreeing a recurrent deduction to party contributions which will be subject to review by the HCICBSRIPCB. Such agreement is to be indicated in writing in the minutes of the relevant meeting of the HCICBSRIPCB.
9.3.13 The Parties may not normally vary their annual contributions to the Pooled Fund during the course of the financial year to which the annual contribution applies. Any variations to the Parties’ annual contributions must be recommended by the HCICBSRIPCB, having considered the wider context as outlined in xxx above, with such agreement indicated in writing in the minutes of the relevant meeting of the HCICBSRIPCB.
9.3.14 In the event of dispute or disagreement in relation to the liability or benefit for any overspend or underspend the matter may be referred by either Party in accordance with Clause 9.3.2.10
Appears in 1 contract
Samples: Section 75 Partnership Agreement
