Common use of Purpose of the Funding Agreement Clause in Contracts

Purpose of the Funding Agreement. 1.1 THE EFA is an executive agency of the Department of Education, exercising powers on behalf of the Secretary of State and is acting on behalf of the Crown. Under the Education Xxx 0000, the Secretary of State may give or make arrangements for the giving of grants to any person for or in connection with the provision in the UK of education or of educational funding agreement activities. 1.2 The funding for the supply of these Activities in respect of High Needs Students by THE SPI is provided by both THE EFA and the commissioning local authority which is responsible for meeting the Student’s needs. THE EFA will fund THE SPI as follows: 1.2.1 for High Needs Students aged 16 to 18 and 19 to 25 where they are subject to a learning difficulty assessment or Education Health and Care Plan, THE EFA will pay THE SPI an amount, based on the published standard 16 to 19 funding formula (Element 1), and 1.2.2 a sum of £6,000 per annum, for each planned place declared by local authorities for High Needs Students (Additional Support Funding – Element 2). 1.3 Top-up funding (Element 3) is funding required by THE SPI above the 16 to 19 funding formula and additional support funding (Elements 1 and 2) to meet the total cost of education provision required by a High Needs Student as assessed by the commissioning local authority. This will be agreed and contracted directly between the commissioning local authority and THE SPI. 1.4 This Funding Agreement sets out the terms and conditions under which grant funding and annual allocation funding is provided to THE SPI by the EFA. This Funding Agreement is not a contract for services. The terms and conditions relating to annual allocation funding will be updated annually. The EFA has complete discretion in deciding the amount of funding that shall be paid in each funding year. In exercising this discretion the EFA shall consider all relevant factors, including but not limited to, the Activities of THE SPI in so far as they relate (in any way) to EFA funding and/or the EFA Conditions of Funding. 1.5 The Activities to be funded by THE EFA and delivered pursuant to this Funding Agreement will be core education and additional support, up to the cost indicated by the per place funding thresholds specified in clause 1.2.2 and an amount based on the published standard 16 to 19 funding formula (Elements 1 and 2), for all High Needs Students. A separate contract will be entered into by the local authority and THE SPI, where appropriate, to specify the terms and conditions governing any top-up (Element 3) funding paid by the local authority to THE SPI.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Purpose of the Funding Agreement. 1.1 THE The EFA is an executive agency of the Department of Education, exercising powers on behalf of the Secretary of State and is acting on behalf of the Crown. Under the Education Xxx 0000Act 2002, the Secretary of State may give or make arrangements for the giving of grants to any person for or in connection with the provision in the UK of education or of educational funding agreement activities. 1.2 The funding for the supply of these Activities in respect of High Needs Students by THE the SPI is provided by both THE the EFA and the commissioning local authority which is responsible for meeting the Student’s needs. THE The EFA will fund THE the SPI as follows: 1.2.1 for High Needs Students aged 16 to 18 and 19 to 25 where they are subject to a learning difficulty assessment or an Education Health and Care Plan, THE the EFA will pay THE the SPI an amount, based on the published standard 16 to 19 funding formula (Element 1), and 1.2.2 a sum of £6,000 per annum, for each planned place declared by local authorities for High Needs Students (Additional Support Funding – Element 2). 1.3 Top-up funding (Element 3) is funding required by THE the SPI above the 16 to 19 funding formula and additional support funding (Elements 1 and 2) to meet the total cost of education provision required by a High Needs Student as assessed by the commissioning local authority. This will be agreed and contracted directly between the commissioning local authority and THE the SPI. 1.4 This Funding Agreement sets out the terms and conditions under which grant funding and annual allocation funding is provided to THE the SPI by the EFA. This Funding Agreement is not a contract for services. The terms and conditions relating to annual allocation funding will be updated annually. The EFA has complete discretion in deciding the amount of funding that shall be paid in each funding year. In exercising this discretion the EFA shall consider all relevant factors, including but not limited to, the Activities of THE the SPI in so far as they relate (in any way) to EFA funding and/or the EFA Conditions of Funding. 1.5 The Activities to be funded by THE the EFA and delivered pursuant to this Funding Agreement will be core education and additional support, up to the cost indicated by the per place funding thresholds specified in clause 1.2.2 and an amount based on the published standard 16 to 19 funding formula (Elements 1 and 2), for all High Needs Students. A separate contract will be entered into by the local authority and THE the SPI, where appropriate, to specify the terms and conditions governing any top-top- up (Element 3) funding paid by the local authority to THE the SPI.

Appears in 1 contract

Samples: Funding Agreement

Purpose of the Funding Agreement. 1.1 THE EFA The ESFA is an executive agency of the Department of for Education, exercising powers on behalf of the Secretary of State and is acting on behalf of the Crown. Under the Education Xxx 0000Act 2002, the Secretary of State may give or make arrangements for the giving of grants to any person for or in connection with the provision in the UK of education or of educational funding agreement activities. 1.2 The funding for the supply of these Activities in respect of High Needs Students by THE the SPI is provided by both THE EFA the ESFA and the commissioning local authority which is responsible for meeting the Student’s needs. THE EFA The ESFA will fund THE the SPI as follows: 1.2.1 for High Needs Students aged 16 to 18 and 19 to 25 where they are subject to a learning difficulty assessment or an Education Health and Care Plan, THE EFA the ESFA will pay THE the SPI an amount, based on the published standard 16 to 19 funding formula (Element 1), and 1.2.2 a sum of £6,000 per annum, for each planned place declared by local authorities for High Needs Students (Additional Support Funding – Element 2). 1.3 Top-up funding (Element 3) is funding required by THE the SPI above the 16 to 19 funding formula and additional support funding (Elements 1 and 2) to meet the total cost of education provision required by a High Needs Student as assessed by the commissioning local authority. This will be agreed and contracted directly between the commissioning local authority and THE the SPI. 1.4 This Funding Agreement sets out the terms and conditions under which grant funding and annual allocation funding is provided to THE the SPI by the EFAESFA. This Funding Agreement is not a contract for services. The terms and conditions relating to annual allocation funding will be updated annually. The EFA ESFA has complete discretion in deciding the amount of funding that shall be paid in each funding year. In exercising this discretion the EFA ESFA shall consider all relevant factors, including but not limited to, the Activities of THE the SPI in so far as they relate (in any way) to EFA ESFA funding and/or the EFA ESFA Conditions of Funding. 1.5 The Activities to be funded by THE EFA the ESFA and delivered pursuant to this Funding Agreement will be be: 1.5.1 the delivery of education provision for students, other than High Needs Students, aged 16 to 18, funded based on the published standard 16 to 19 funding formula; and 1.5.2 the delivery of core education and additional support, up to the cost indicated by the per place funding thresholds specified in clause 1.2.2 and an amount based on the published standard 16 to 19 funding formula (Elements 1 and 2), for all High Needs Students. A separate contract will be entered into by the local authority and THE the SPI, where appropriate, to specify the terms and conditions governing any top-up (Element 3) funding paid by the local authority to THE the SPI.

Appears in 1 contract

Samples: Funding Agreement

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Purpose of the Funding Agreement. 1.1 THE EFA The ESFA is an executive agency of the Department of for Education, exercising powers on behalf of the Secretary of State and is acting on behalf of the Crown. Under the Education Xxx 0000, the Secretary of State may give or make arrangements for the giving of grants to any person for or in connection with the provision in the UK of education or of educational funding agreement activities. 1.2 The funding for the supply of these Activities in respect of High Needs Students by THE the SPI is provided by both THE EFA the ESFA and the commissioning local authority which is responsible for meeting the Student’s needs. THE EFA The ESFA will fund THE the SPI as follows: 1.2.1 for High Needs Students aged 16 to 18 and 19 to 25 where they are subject to a learning difficulty assessment or an Education Health and Care Plan, THE EFA the ESFA will pay THE the SPI an amount, based on the published standard 16 to 19 funding formula (Element 1), and 1.2.2 a sum of £6,000 per annum, for each planned place declared by local authorities for High Needs Students (Additional Support Funding – Element 2). 1.3 Top-up funding (Element 3) is funding required by THE the SPI above the 16 to 19 funding formula and additional support funding (Elements 1 and 2) to meet the total cost of education provision required by a High Needs Student as assessed by the commissioning local authority. This will be agreed and contracted directly between the commissioning local authority and THE the SPI. 1.4 This Funding Agreement sets out the terms and conditions under which grant funding and annual allocation funding is provided to THE the SPI by the EFAESFA. This Funding Agreement is not a contract for services. The terms and conditions relating to annual allocation funding will be updated annually. The EFA ESFA has complete discretion in deciding the amount of funding that shall be paid in each funding year. In exercising this discretion the EFA ESFA shall consider all relevant factors, including but not limited to, the Activities of THE the SPI in so far as they relate (in any way) to EFA ESFA funding and/or the EFA ESFA Conditions of Funding. 1.5 The Activities to be funded by THE EFA the ESFA and delivered pursuant to this Funding Agreement will be core education and additional support, up to the cost indicated by the per place funding thresholds specified in clause 1.2.2 and an amount based on the published standard 16 to 19 funding formula (Elements 1 and 2), for all High Needs Students. A separate contract will be entered into by the local authority and THE the SPI, where appropriate, to specify the terms and conditions governing any top-top- up (Element 3) funding paid by the local authority to THE the SPI.

Appears in 1 contract

Samples: Funding Agreement

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