Flexible Funding. 4.1 CITY OF FREDERICTON may only expend Flexible Funding:
(a) for each of the Activities for which it is allocated in Schedule 3 under the heading Flexible Funding (or FLEX) or reallocated in accordance with this section; and
(b) in accordance with the terms and conditions of this Agreement for those Activities including those set out in the Delivery Requirements.
4.2 Unless Schedule 4 or Schedule 6 provides otherwise, CITY OF FREDERICTON may reallocate any Flexible Funding as follows, provided that all Mandatory Activities, funded by Flexible Funding, are delivered in that Fiscal Year:
(a) with respect to non-Health Activities, among any other Functional Areas that have Flexible Funding that falls under the same Program Inventory (and within the same Program Service Area) according to Schedule 3, during a Fiscal Year; and
(b) with respect to Health Activities, among any Functional Areas that have Flexible Funding that falls under Program Service Areas with the same 3 letter prefix, irrespective of the Program Inventory, according to Schedule 3, during a Fiscal Year.
4.3 Subject to paragraph 30.2(c) of the main body of this Agreement, if at the end of a Fiscal Year other than the final Fiscal Year, CITY OF FREDERICTON has not expended all Flexible Funding for that Fiscal Year, CITY OF FREDERICTON may retain the unspent amount for expenditure in a subsequent Fiscal Year in accordance with this section:
(a) With respect to non-Health Activities, if the following conditions are met:
(i) CITY OF FREDERICTON expends the unexpended Flexible Funding:
(A) on an Activity that is the same or similar to and has the same purpose as the Activity for which the Flexible Funding was provided; or
(B) in accordance with a plan for expenditure of the unexpended Flexible Funding that is submitted by CITY OF FREDERICTON to Canada within 120 days after the end of that Fiscal Year and that Canada accepts by way of notice to CITY OF FREDERICTON; (A) the expiry or termination of this Agreement, and
Flexible Funding. Flexible funding will scale in proportion to Eligible State Expenditure (Clauses A57-63 refer), up to an annual cap for each State (as set out in bilateral schedules). State funding caps reflect the estimated share of population as at the most recent Commonwealth budget or mid-year economic and fiscal outlook publication over the life of this Agreement. A State will have access to flexible funding up to an initial cap (Cap 1) where it: participates in collaborative decision making to support the objectives of shared system stewardship fulfils reporting obligations set out in Part 8 of this Agreement commits to providing no- or low-fee access to foundation skills training in its VET and ACE sector or equivalent for learners with an assessed need allocates at least 70 per cent of Commonwealth funding for VET delivery and capital to TAFE and public training providers, including dual-sector universities and meets VSL Program cost sharing arrangements for government subsidised students as set out in this Agreement. Unless varied by transition arrangements as specified in the relevant bilateral schedule appended to this Agreement, the Commonwealth will contribute a 33 per cent share of Eligible State Expenditure up to Cap 1. Subject to a State meeting the criteria in Clause A47, the Commonwealth’s estimated maximum and minimum financial contribution (representing the relevant State’s projected SPP entitlement) under Cap 1 are in Table 2. Table 2 – Estimated Commonwealth maximum and minimum financial contribution under Cap 1 NSW VIC QLD SA WA TAS NT ACT $m maximum (2024-2028) 3,068.88 2,563.18 2,029.22 677.74 1,063.19 213.15 94.70 176.67 $m minimum (2024-2028) 2,758.47 2,303.93 1,823.98 609.19 955.65 191.59 85.12 158.80 Note funding is current as at date of Commonwealth signature. Funding has been rounded to the nearest ten thousand and is subject to change based on updates to economic parameters and population estimates as part of the Commonwealth Budget update process. The economic parameter applied to the indexation of flexible funding will be the sum of: 85 per cent Wage Cost Index 1 (comprising wage price index [less a productivity adjustment based on long-run assumptions] weighted by 75 per cent, and all groups CPI weighted by 25 per cent); and 15 per cent Wage Cost Index 6 (comprising wage price index [less a productivity adjustment based on long-run assumptions] weighted by 40 per cent, and all groups CPI weighted by 60 per cent). Subject to Clause A54, a...
Flexible Funding. The description and terms of Flexible Funding shall be determined by the Transition Support Provider and the Facility Contractor in alignment with established policies, with exceptions approved by the HCA Contract Manager. Allowable costs: For the benefit of the Young Adult(s) being served; Housing, for short-term or long-term housing such as motel, hotel, leases, monthly rents, move-in costs, deposits, application fees, etc.; Transportation, bus and train passes, plane tickets, car and safety repairs, etc.; Education and employment supplies; Medical supplies (e.g., glasses, prescriptions, personal protective equipment, Covid tests, etc.); Personal care supplies; Technology (e.g., high-speed internet, cell phones), with service fees being time-limited; and Miscellaneous expenses, as approved by the HCA Contract Manager (e.g., court judgement fees, immigration costs, application fees, utilities, groceries). Costs not allowable: Facility fees, facility furnishings, and updates; Items that are not for the benefit of the Young Adult being served; Automobiles; Gift cards; Hiring bonuses or retention bonuses; Food; Beverages; Rent or leasing of facility or other spaces; Travel; Other costs, as declined in writing by the HCA Contract Manager.
Flexible Funding. The provision of goods or payments of expenses not included in other allowable expense programs, which directly help Young Adults obtain or maintain permanent housing and/or meet essential household needs. This includes fees (e.g., applications, security deposits, first and last month’s rent); employment needs (e.g., clothing, general work supplies); essential household items (e.g., personal health and hygiene items, furniture, cleaning supplies); document fees (e.g., drivers licenses, birth certificate fees, food handlers’ cards etc.); transportation passes; automobile repairs; and other personal need items (WAC 388-400-0065).
Flexible Funding. This portion of the budget shall specify the flexible funding to be provided by RIDOH on an annual basis for the term of the contract. In previous contracts, RIDOH has included additional dollars to First Connections providers, in addition to reimbursing non‐Medicaid visits, for certain specified activities such as outreach, staffing, training, interpreting, and safe sleep initiatives. This procurement seeks to include flexible funding for RIDOH‐approved categories as allocated by offerors in their cost proposals (see Appendix I, Part 2). The Department shall reimburse only those costs demonstrated to be allowable. To be allowable, a reimbursed cost must be allocable to work performed under the contract, and must be reasonable in nature, subject to approval from RIDOH. The successful vendor will invoice the Department for flexible funding on a cost reimbursement basis. Additional funding is pending at this point in time; if funding becomes available after the execution of the contract, it will be disbursed to all awardees. If the financial plan is not acceptable, RIDOH reserves the right to request a revised financial plan. For the purpose of this solicitation, and for any and all contracts awarded in accordance with this solicitation, the total funding will be established by RIDOH. Note that vendors will be compensated only based on visits at the established rate–these total amounts do not represent guaranteed referral volumes or funding amounts. Should additional funding become available to expand the scope of services implemented through First Connections, providers would be expected to expand their flexible funding accordingly. Plans and funding for these opportunities will need prior approval by RIDOH.
