Common Contracts
1 similar Risk Share Agreement contracts
ContractRisk Share Agreement • October 4th, 2017
Model Risk Share Agreement Synopsis “Appropriateness” for use as the Rochdale Risk Share Salford Salford’s model concentrates heavily on in-year pressures being mitigated in-year, but ultimately it notes that "overspend is shared across partners of the pool, based on their initial opening financial contribution" This model fits well with the Rochdale ethos of a pooled integrated budget with an emphasis on the mitigation of all “in-year” pressures with the risk share agreement being used as a last resort. It is therefore recommended that the Rochdale risk share model be based on this, with deficits (or surpluses) being allocated based on their initial opening financial contribution to the Pooled Fund. Tameside Tameside’s model calculates the risk share based on the full budget including "aligned" and "in collaboration" budgets. The Risk Share Agreement notes that "a stepped approach will be taken to risk sharing and a cap will be placed on the shared financial exposure that each organis
