Flexible Funds Clause Samples
The Flexible Funds clause allows for the allocation and use of funds in a manner that is not strictly predetermined, giving parties the ability to adjust spending as project needs evolve. Typically, this clause permits the reallocation of budgeted amounts between different categories or line items without requiring formal amendments to the agreement, provided overall budget limits are respected. Its core practical function is to provide adaptability in financial management, ensuring that unforeseen changes or shifting priorities can be accommodated without unnecessary administrative delays.
Flexible Funds. Contractor shall provide allowable services to individuals prior to discharge from state mental health hospital, where approved by HHSC on individual recovery plans, unless provision of services is not permitted by the hospital. Service provided in state mental health hospitals shall be provided in-person, unless conditions require use of telehealth or other electronic information resource and telecommunications technologies to provide long-distance services.
Flexible Funds. Contractor will ensure a system to access flexible funds easily allowing resources to be used to assist enrollee in achieving rehabilitation goals and to maintain stability. Policies are to be developed to ensure accountability of funds. Where possible funds are to be treated as loans that will be repaid by enrollees.
Flexible Funds. 8 1. CONTRACTOR shall ensure that utilization of Flexible Funds is individualized and 9 appropriate for the treatment of Client’s mental illness and overall quality of life;
10 2. CONTRACTOR shall report the utilization of their Flexible Funds monthly on a form 11 approved by ADMINISTRATOR. The Flexible Funds report shall be submitted with 12 CONTRACTOR’s monthly Expenditure and Revenue Report;
13 3. CONTRACTOR shall develop a P&P, or revise an existing P&P, regarding Flexible Funds 14 and submit to ADMINISTRATOR no later than twenty (20) calendar days from the start of the 15 Contract. ADMINISTRATOR and CONTRACTOR shall finalize and approve the P&P, in writing, no 16 later than thirty (30) days from the start of the Contract. If the Flexible Funds P&P has not been 17 approved after thirty (30) days from the start of the Contract, any subsequent Flexible Funds 18 expenditures may be disallowed by ADMINISTRATOR;
19 4. CONTRACTOR shall ensure that all staff is trained and has a clear understanding of the 20 approved Flexible Funds P&P. CONTRACTOR will provide signature confirmation of the Flexible 21 Funds P&P training for each staff member that utilizes Flexible Funds for a Client; and
22 5. CONTRACTOR shall ensure the Flexible Funds P&P will include, but not be limited to:
23 a. Purpose for which Flexible Funds are to be utilized. This shall include a description of 24 what type of expenditures are appropriate, reasonable, and justified, and that expenditure of Flexible 25 Funds shall be individualized according to Client’s needs. Include a sample listing of certain 26 expenditures that are allowable, unallowable, or require discussion with ADMINISTRATOR;
27 b. Identification of specific CONTRACTOR staff designated to authorize Flexible Funds 28 expenditures, and the mechanism used to ensure this staff has timely access to Flexible Funds. This 29 may include procedures for check requests/▇▇▇▇▇ cash, or other methods of access to these funds;
30 c. Identification of the process for documenting and accounting for all Flexible Funds 31 expenditures, which shall include, but not be limited to, retention of comprehensible source 32 documentation such as receipts, copy of Client’s lease/rental agreements, general ledgers, and needs 33 documented in Client’s master treatment plans;
34 d. Statement indicating that Flexible Funds may be utilized when other community 35 resources such as family/friends, food banks, shelters, charitable organizations, etc., are not a...
Flexible Funds. FSP Programs The FSP teams shall utilize to flexible funds (including SB163 funds and MHSA funds) to support unique needs identified in the individualized action plan of FSP enrollees, or during a crisis, to avert out of home placement or hospitalization. The Contractor shall manage the fiscal distribution of the flexible funds for enrollees. This shall include:
a. Maintaining proper documentation of fund transactions and distribution.
b. Providing all pertinent documentation required for maintenance of fiscal and pragmatic accountability.
c. Work collaboratively with other BHRS contractor to establish a small portion of housing funds to be allocated to the FSP for the management of housing crises for TAY enrollees.
Flexible Funds. Contractor shall comply with all SYSTEM AGENCY initiated on-site reviews, annually and as indicated.
Flexible Funds. CONTRACTOR shall develop a P&P, or revise the existing P&P regarding Flexible
Flexible Funds. Funds identified outside of categorical funding that may be used for non-traditional purchases that allow a youth at risk of out of home placement to remain at home. Health Choice: The state health care insurance system for families that are ineligible for Medicaid, but do not have the resources to provide private medical insurance coverage. Many of the services funded are the same as those offered through Medicaid. Medical Necessity (from DMA Child Level of Care Document): “Treatment must be medically necessary: there must be a DSM-IV-TR Axis I current diagnosis reflecting the need for treatment and the service must be necessary to meet specific preventive, diagnostic, therapeutic, rehabilitative, palliative, or case management needs of the child. Special/Target Populations: These are the youth identified in Session Law 2001-424, Section 21.60, and are those populations that have traditionally been under-served and/or not served appropriately. These include youth with Deaf/Hard of Hearing, Sexual Aggression, Serious Emotional Disturbance, and/or Substance Abuse Treatment needs.
Flexible Funds. Member may utilize funds from a qualifying Wheels Up Fund Program to purchase commercial flights provided by Delta. Payment for such commercial flights will be debited against Member’s Fund Program balance and is due at the time of booking. Member may make a Delta commercial booking by calling Wheels Up Member Services at ▇▇▇-▇▇▇-▇▇▇▇ (855-WE FLY UP). The purchase of Delta commercial flights using a Wheels Up Fund Program will be subject to a non-refundable fee of $50.00 per ticket. This processing fee applies to the original purchase and/or any voluntary changes of the applicable transportation or related services and does not replace any change fees assessed by Delta. This fee is non-refundable, even in the event that the tickets are canceled or voided. By using a Wheels Up Fund Program to purchase Delta commercial flights, Member agrees that Wheels Up may share certain limited information with Delta, including passenger identity and available remaining funds, to facilitate confirmation of fund availability and payment using such funds. Use of Wheels Up funds to purchase Delta commercial flights are subject at all times to Delta terms and conditions, which are subject to change without notice. Wheels Up will require Member (referred to in this Schedule F as “Member”, “you” or “your”) to provide specific and accurate passenger information regarding all persons traveling pursuant to arrangements made by Member, after or during the booking process and furnished to Wheels Up no later than twenty-four (24) hours prior to departure for domestic flights and no less than seventy-two (72) hours prior to departure for international flights unless such departure is scheduled less than twenty-four (24) hours or seventy-two hours (72), as applicable, in advance, in which case Member must promptly furnish such information to Wheels Up.
Flexible Funds. Funding available to meet the unique needs not otherwise paid for in an Individualized Treatment Plan. Examples of flex funding include, but are not limited to, family supports such as limited rental payments, utilities, automobile repair, and individual supports such as therapeutic behavioral incentives.