Fund Arrangements. 2.1 The Host will provide the financial / administrative / accounting systems and associated support for the CWM TAF CARE HOME ACCOMMODATION POOLED FUND . 2.2 The Care Home Pooled Fund will comprise of a number of Service Component Element budget lines, each budget line will require a Party to be designated as the lead service commissioner. 2.3 Lead service commissioners will be responsible for commissioning & contracting of placements and the subsequent payments relating to those services. 2.4 The specific service provision budget within the fund along with the designated Party / Lead Commissioner is shown below. Specific service provision budget Party / Lead Commissioner Residential Care Placements Residential (RCTCBC) Rhondda Cynon Taf County Borough Council Residential (MTCBC) Merthyr Tydfil County Borough Council Nursing Care Placements (FNC) Nursing FNC (RCTCBC) Rhondda Cynon Taf County Borough Council Nursing FNC (MTCBC) Merthyr Tydfil County Borough Council Nursing FNC (CTUHB) Cwm Taf University Health Board Nursing Care Placements (CHC) Nursing Care CHC (Cwm Taf UHB) Cwm Taf University Health Board 2.5 Each Party / Lead Commissioner will contribute those Financial Contributions as are identified in section 3 (below) effective on the Commencement Date or on a pro-rata basis in the event of any delay. The financial contributions shall together be known as ‘the Fund Contributions’. 2.6 The Care Home Pooled Fund will be managed by the Residential & Nursing Care Pooled Fund Manager under the direction of the CWM TAF CARE HOME ACCOMMODATION POOLED FUND Operational Management Board. Regular reports will be provided to the CWM TAF CARE HOME ACCOMMODATION POOLED FUND Operational Management Board and made available to the Parties’ s151 Officers and the Chief Finance Officer. These reports will include details of the Care Home Pooled Fund’s annual budget, spend incurred to date, anticipated annual spend, variance to budget and an analysis of any variance.
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Sources: Agreement for the Provision of Care Home Accommodation Pooled Fund, Agreement for the Provision of Care Home Accommodation Pooled Fund