The short form is used for smaller amounts of funding and less risky activities than the standard form. The short form is an independent and editable template that contains its own short-term conditions. The service agreement contains specific compliance and protection conditions, in particular with regard to the quality of the services and the safety of the customers who use these services. The Department of Health and Human Services, the Department of Education and Training, and the Adult Community and Further Education Board use the service agreement to fund organizations that provide direct care and other services to the community. In response, the Victorian government now requires that non-governmental organizations funded for the provision of services to children be flexible: for flexibility, each form is associated with a bank of clauses that has additional clauses to meet a large number of funding requirements. Grant funding does not include donations, sponsorship, the undisputed transfer of funds to a public body for the provision of services or a project (facilitated by a declaration of intent), the purchase of third-party goods and services and consultants (procurement), or the purchase of goods and services on commercial terms. The VCFA standard form is the main VCFA agreement template and is used for a large number of projects. The standard VCFA form consists of two separate documents – the calendar and the general conditions of sale. An abbreviated version of the standard form used for smaller or less risky financing amounts.
This document is a standalone editable template with its own reduced terms and conditions. A grant is money awarded to organizations or individuals for specific purposes to achieve objectives consistent with government policy. [and] is generally used to include any financing agreement in which the beneficiary is selected on the basis of a number of criteria. Grants can take different forms, including ad hoc payments, competition assessments or if certain criteria are met. The VCFA Standard Form Clause Bank is used with the standard VCFA form. It contains additional clauses to adapt the agreement to specific funding requirements. . .
Posted Oct 13th, 2021