Common use of Funding Process Clause in Contracts

Funding Process. It is the sole responsibility of the Provider to submit accurate ‘Headcount Funding Claims’, supplementary Funding Claims, census returns, or other information and documentation as requested by the Local Authority, within the deadlines as notified to the Provider. • The Local Authority should not carry out audit regimes which are disproportionate or are unnecessarily burdensome to providers. • The Provider should ensure they submit timely and accurate information, including, but not limited to, headcount data, census data, parental declarations, and invoices, as per the financial guidelines of their Local Authority. Failure to do so may result in inaccurate, delayed, or suspended funding. • Responsibility is with the Provider to ensure claim information is correct and on time. The Local Authority reserves the right not to fund retrospective claims if a provider fails or submits an incorrect claim then it may result in a non- payment. • The Provider should maintain accurate financial and non-financial records relating to funded places and should give the Local Authority access on reasonable notice to all financial and non-financial records relating to places funded under the Provider agreement, subject to confidentiality restrictions.