The Department of Finance has published a series of models of government financial assistance to be used by Commonwealth agencies for the transfer of grant agreements in 2018. Organizations should seek independent legal advice on the terms and practical consequences of their Commonwealth grant agreements. These models are intended to replace specific agency agreement models, including Department of Social Services (DSS) models. The DSS-Streamlined-Grant agreement is not part of the Ministry of Finance`s submission suite and will expire as DSS enters into new grant agreements with local organizations. The documents that form the agreement between the Commonwealth agency and the funded agency will vary and may contain the following documents: The grant agreement is a legally enforceable performance agreement between the Commonwealth and the grant recipient, which defines the terms of the funding to be provided. The nature of the grant agreement you must enter into is influenced by the nature of the activity, the level of risk of activity assessed, the duration of the activity and the value of the activity. The fact sheet below provides guidance on some important concepts that should be known to funded organizations. The fact sheet will be more useful if you read it with your issue file. The majority of fellows are offered either the DSS Streamlined Grant Agreement or the DSS Comprehensive Grant Agreement. We have developed a fact sheet on the Commonwealth Simple Grant Agreement (part of the Department of Finance collection). The Commonwealth Simple Grant Agreement is based on and replaces the previous „Low Risk Grant Agreement“ and contains additional design options for additional conditions.
The Commonwealth Simple Grant Agreement is not just a document – it consists of a series of documents. Subsidized organizations must ensure that they are aware of the conditions of all documents, as they together form the Commonwealth Simple Grant Agreement.