Overspends. 2.1 The Partners in their capacity as Lead Commissioners for the Service Contracts at the Commencement Date will be responsible for managing any overspends in those Service Contracts that may occur during the Term.
Overspends. 10.25 Whenever an overspend is projected in the Pooled and/or Non-Pooled Funds the Authorities shall agree how to manage the overspend and shall keep the position under review. The Authorities shall act in good faith and in a reasonable manner in agreeing the management of the overspend.
Overspends. 10.8 The Chief Officer will deliver the outcomes within the total delegated resources and where there is a forecast overspend against an element of the operational budget, the Chief Officer, the Chief Finance and Resources Officer of the Integration Joint Board and the appropriate finance officers of the Council and Health Board must agree a recovery plan to balance the overspending budget, which recovery plan shall be subject to the approval of the Integration Joint Board. If the recovery is not successful, the Parties will consider making additional funds available on a basis to be agreed by the Parties and the Integration Joint Board, taking into account the nature and circumstances of the overspend. If the revised plan cannot be agreed by the Council and Health Board, or is not approved by the Integration Joint Board, mediation will require to take place in line with the dispute resolution arrangements set out in this Scheme.
Overspends. 11.4 The Commissioning Contract will be a block contract with the Provider with Activity adjustment as necessary to ensure that there is no overspend on the Commissioned Services delivered by the Provider Underspends
Overspends. 5.2 Where a public sector prison has entered into an SLA with a PCT to provide prisoner healthcare service, the prison will need to keep within the agreed allocation. It will not be able to enter into an overspend without agreement with the PCT, unless it is prepared to bear the projected cost itself. HMPS has directed that there is no facility for healthcare costs to be offset from the core prison operating budget. Thus actual expenditure must not exceed the yearly payment [from the PCT] unless, exceptionally, this had been authorised by the local Partnership Board. The Partnership Board must also be clear about the source and availability of additional funding before authorising any expenditure above the committed level.
Overspends. 8.8 The Chief Officer will deliver the outcomes within the total delegated resources and where there is a forecast overspend against an element of the operational budget, the Chief Officer, the Chief Finance Officer of the Integration Joint Board and the appropriate finance officers of the Local Authority and Health Board must agree a recovery plan to balance the overspending budget, which recovery plan shall be subject to the approval of the Integration Joint Board. In the event that the recovery plan does not succeed, the Chief Officer, Chief Financial Officer of the Integration Joint Board will consider utilising Integration Joint Board reserves where available. The Parties may consider as a last resort making additional funds available, on a basis to be agreed taking into account the nature and circumstances of the overspend, with repayment in future years on the basis of the revised recovery plan agreed by the Local Authority and Health Board and Integration Joint Board. If the revised plan cannot be agreed by the Local Authority and Health Board, or is not approved by the Integration Joint Board, mediation will require to take place in line with the dispute resolution arrangements set out in this Scheme.
Overspends. 21 The management of the financial overspends on each element of the Better Care Fund scheme are the responsibility of the organisation who is fixed with that responsibility in accordance with the Individual Scheme Agreement and will not be funded through the Better Care Fund, unless agreed by all the Partners following a recommendation from the Partnership Board. Contingency Fund, and Decision in the event of a dispute 22 The contingency fund (including transfers of underspends under paragraph 19) shall form part of the Corporate Section 75 Agreement and will be managed in accordance with paragraphs 23 to 26 below. 23 Not later than 30 May 2017, the Partnership Board shall meet to consider how to use any amount left in the contingency fund at 31 March 2017. The options available to the Partnership Board separately or in any combination shall be as set out in paragraphs 23.1 and 23.2 below and considered in that order of priority:-
Overspends. 11.3 Subject to Clauses 11.4 and 11.6, liability for any overspends shall sit with the Trust save where the Council and the Trust agree otherwise and the Council confirms the position in writing.
Overspends. 757 i) No service is expected to overspend its budget but in the event that an over 758 spend is predicted to arise the responsible partner should take whatever 759 mitigating action is practicable to minimise the impact on the budget.
