Risk Share. 1.1 The Partners have agreed that they will each manage their own risks under this Agreement unless otherwise stated in this Schedule 4.
Risk Share the June 2017 Concordat, Luton committed resources to build a S75 Pooled Budget agreement for the future years. As detailed in Appendix One (1), each spend line has a share profile attached to it which is either Fixed or Variable. Where it is indicated as a fixed share, any overspend or underspend by the host partner will not alter the contributions required by the non-host partner.
Risk Share. 3.1. If the contract value of the Commissioning Contract is a lower figure than set out in the table in paragraph 2 above then the contract value shall be reduced pro rata to the above figures subject to the ECC Financial Contribution not varying until all other Commissioners have benefitted from a 10% cost reduction of their Financial Contribution.
3.2. Although all Commissioners will be responsible for paying the Provider their financial investments, all monies paid will be used Southend, Essex and Thurrock wide using a prioritisation of need method. This is a key dialogue subject and Providers will need to include how they would deliver this method in their bids to ensure no locality is disadvantaged by this method.
3.3. Prioritisation of need will be incorporated as part of the contractual process and enforced by the Collaborative Forum and Lead Commissioner.
3.4. The prioritisation bases will be subject to dialogue and agreement from all Commissioner. The Providers final bid will detail the method of prioritisation.
Risk Share. 4 Both the CCG and the Council agree that subject to any decision of the JSCB and the CCG Governing Body otherwise as to the treatment of any Overspend or Underspend in accordance with paragraphs 5 to 10 (inclusive) of this Schedule 3:
Risk Share. 1.1 The Partners have agreed that they shall each manage their own risks under this Agreement unless otherwise stated in this Schedule 4.
1.2 During the period of the integrated homecare shadow arrangements shall be put in place whereby HCCG and the Council are responsible for the costs of meeting the needs of their own referrals. This will help to determine the appropriateness of contributions by each organisation, which will then help to inform risk share arrangements as part of the agreed commissioning model from October 2019.
Risk Share. 2.1 The Partners agree to apportion the costs of s117 aftercare provision as follows: • Council: 68% • CCG: 32%
Risk Share. 8m of the Better Care Fund is linked to the performance payment linked to the target of reducing non-elective acute admissions by 4.2%. Each time the partnership is informed of the value of the performance payment, the funds will need to be transferred into the Pooled Fund, and a report will be prepared for the JCB to allow a decision to be made as to the impact on the delayed/reduced schemes.
Risk Share. 8m of the Better Care Fund is linked to the performance payment linked to the target of reducing non-elective acute admissions by 4.2%. In order to mitigate this risk the following has been proposed.
Risk Share. It is established practice that both partners manage their own risks and it is proposed that this be extended to the 2023/24 plan.
Risk Share. The Council and CCG agreed that for previous iterations of BCF plans both organisations would manage their own risks and it is proposed that this be extended to 2021/22. Cabinet may wish to note the addition of a new Schedule 4A: Operation of Section 117 Risk Share Arrangements. This regularises existing funding arrangements that are not currently supported by a formal agreement for audit purposes.
