Assessed Contribution definition

Assessed Contribution. The amount which is not deferred that you will be required to pay directly towards the Care Charges. Capital Limit (upper/lower): The sums specified in regulation 12 of the Care and Support (Charging and Assessment of Resources) Regulations 2014 and as amended from time to time.
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Assessed Contribution means the amount of money that you have been assessed as having to contribute to your care package.
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Assessed Contribution means the amount of money that the Individual have been assessed as having to contribute to your care package (If the individual is a child there will be no assessed contribution).
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Examples of Assessed Contribution in a sentence

  • The Council shall notify the Service User and the Provider of the Service User’s Assessed Contribution in writing once this has been determined.

  • The Service User’s Assessed Contribution towards the Price (where applicable) will be determined once the Financial Assessment has been completed.

  • The amount of the weekly Care Charge for which the Council is to lend, as set out in Schedule 1, is subject to the Lending Limit and takes into account the fact that the Council requires you to make an Assessed Contribution from your income and capital towards the payment of the weekly Care Charges, as they fall due.

  • The Assessed Contribution will be reviewed from time to time and the borrower will be notified within 28 days of the effective date except were the Council was waiting for financial information from the borrower to complete the Financial Assessment.

  • The Provider will notify the Council of any failure of the Service User to pay the Service User’s Assessed Contribution on each monthly provider return following the first failure to pay, failing which the Council will not be liable to pay any arrears or shortfall to the Provider.

  • The Assessed Contribution will exclude an amount agreed by the Council with the borrower, the minimum being equal to the Personal Expenses Allowance and a maximum equal to the Disposable Income Allowance.

  • The Provider shall collect the Service User’s Assessed Contribution on behalf of the Council in accordance with the Council’s Contract.

  • The Service User, or their Attorney/Deputy will ensure that the Service User’s Assessed Contribution is paid directly to the Provider weekly in arrears unless alternative arrangements are made for the Service User’s Assessed contribution to be paid directly to the Council.

  • You understand that the total debt to be repaid on the termination of this Agreement is the Care Charges throughout the term of the Agreement less any Assessed Contribution you have paid, and any Administrative Charges you have not paid plus Interest.

  • In the event that the Service User fails to pay the Service User’s Assessed Contribution within 14 days of the due date, following the outcome of the Financial Assessment, the Provider will initially seek to recover the arrears as a debt from the Service User.


More Definitions of Assessed Contribution

Assessed Contribution means the weekly amount that the citizen agrees to contribute as a result of their financial assessment to meet his or her care needs and outcomes set out in the Care and Support Plan.
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Assessed Contribution means the financial contribution payable by the Resident for the Services, as determined following a financial assessment carried out by Bolton Council.
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Related to Assessed Contribution

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Excluded Contribution means net cash proceeds, marketable securities or Qualified Proceeds received by the Borrower from:

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.