Common use of Operation of Pooled Budgets Clause in Contracts

Operation of Pooled Budgets. 9.2.1 The Parties will agree their contribution to the Pooled Fund as set out in Schedule 2 each year in accordance with this clause 9. The contributions for the Financial Year [] are as set out in Schedule 2 here to and will be used as a basis for agreeing future Financial Year contributions from the Parties. Such annual contributions will be evidenced in writing by insertion into the said Schedule 2 as an agreed amendment. 9.2.2 The Parties agree that annual Pooled Fund will be confirmed by 31 March for the following Financial Year. The Board will receive notice of planned contributions within one week of each Party agreeing their respective budgets. 9.2.3 The Lead Commissioner shall ensure that VFM is actively secured at all times in making payments from Individual Pooled Service Budgets to deliver the services set out in Schedule 1. 9.2.4 Any monies specifically allocated by the government for particular client groups, services or specific projects shall be put into the relevant Pooled Service Budget subject to such discretions that funding allocations allow to the SRIPCB. The SRIPCB shall approve the expenditure plans for such grants. The appropriate Individual Pooled Service Budget manager will ensure that the conditions of the grant are met. Where grants are put into relevant Pooled Service Budgets any underspends in the grant will be carried over to the next financial year unless this is not allowed by the conditions of the grant. 9.2.5 For the avoidance of doubt, all funding between the organisations supplied under this Agreement is included in each party’s annual contribution to the Pooled Fund. 9.2.6 Liabilities for any overspend will be the responsibility of the relevant Commissioning organisation.

Appears in 1 contract

Samples: Section 75 Partnership Agreement

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Operation of Pooled Budgets. 9.2.1 The Parties will agree their contribution to the Pooled Fund as set out in Schedule 2 each year in accordance with this clause 9. The contributions for the Financial Year [] 2016/17 are as set out in Schedule 2 here to and will be used as a basis for agreeing future Financial Year contributions from the Parties. Such annual contributions will be evidenced in writing by insertion into the said Schedule 2 as an agreed amendment. 9.2.2 The Parties agree that annual Pooled Fund will be confirmed by 31 March for the following Financial Year. The Board will receive notice of planned contributions within one week of each Party agreeing their respective budgets.. CHANGE 9.2.3 The Lead Commissioner shall ensure that VFM is actively secured at all times in making payments from Individual Pooled Service Budgets to deliver the services set out in Schedule 1. 9.2.4 Any monies specifically allocated by the government for particular client groups, services or specific projects shall be put into the relevant Pooled Service Budget subject to such discretions that funding allocations allow to the SRIPCBHCICB. The SRIPCB HCICB shall approve the expenditure plans for such grants. The appropriate Individual Pooled Service Budget manager will ensure that the conditions of the grant are met. Where grants are put into relevant Pooled Service Budgets any underspends in the grant will be carried over to the next financial year unless this is not allowed by the conditions of the grant. 9.2.5 For the avoidance of doubt, all funding between the organisations supplied under this Agreement is included in each party’s annual contribution to the Pooled Fund. 9.2.6 Liabilities for any overspend will be the responsibility of the relevant Commissioning organisation.

Appears in 1 contract

Samples: Section 75 Partnership Agreement

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Operation of Pooled Budgets. 9.2.1 The Parties will agree their contribution to the Pooled Fund as set out in Schedule 2 each year in accordance with this clause 98. The contributions for the Financial Year [] 2016/17 are as set out in Schedule 2 here to and will be used as a basis for agreeing future Financial Year contributions from the Parties. Such annual contributions will be evidenced in writing by insertion into the said Schedule 2 as an agreed amendment. 9.2.2 The Parties agree that annual Pooled Fund will be confirmed by 31 March for the following Financial Year. The Board will receive notice of planned contributions within one week of each Party agreeing their respective budgets.. CHANGE 9.2.3 The Lead Commissioner shall ensure that VFM is actively secured at all times in making payments from Individual Pooled Service Pool Budgets to deliver the services set out in Schedule 1. 9.2.4 Any monies specifically allocated by the government for particular client groups, services or specific projects shall be put into the relevant Pooled Service Budget subject to such discretions that funding allocations allow to the SRIPCBHCICB. The SRIPCB HCICB shall approve the expenditure plans for such grants. The appropriate Individual Pooled Service Pool Budget manager will ensure that the conditions of the grant are met. Where grants are put into relevant Pooled Service Budgets pooled budget any underspends in the grant will be carried over to the next financial year unless this is not allowed by the conditions of the grant. 9.2.5 For the avoidance of doubt, all funding between the organisations supplied under this Agreement is are included in each partythe Party’s annual contribution contributions to the Pooled Fund. 9.2.6 Liabilities for any overspend will be the responsibility of the relevant Commissioning organisation.

Appears in 1 contract

Samples: Section 75 Partnership Agreement

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