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partnerships:azp:agree [2017/06/12 10:20] (current)
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 +Agreement
 +=========
 +
 +Partnership agreement
 +---------------------
 +
 +When a Development Trust is funded by a public body, each side may wish
 +to develop an agreement setting out formally the terms of the grant.
 +
 +The funding body should provide the Trust steering group with an outline
 +of the agreement to assist them in preparing the their bid for funds.
 +This may be in the form of an outline business plan. The final agreement
 +might cover the following issues:
 +
 +-   The aims and objectives of the Trust
 +-   Board
 +-   ​Funding contributions
 +-   ​Staffing levels
 +-   ​Business plan
 +-   ​Annual reports
 +-   ​Monitoring and evaluation
 +-   ​Acknowledgements
 +-   Aims and objectives
 +
 +The funding body may require that the aims and objectives of the Trust
 +make reference to some policy objective - perhaps helping create
 +employment opportunities and promoting economic development.
 +
 +Board
 +-----
 +
 +The Trust may be required to appoint a number of representatives from
 +public, private or voluntary and community sectors, and to ensure that
 +the majority of the Board live or work in the area.
 +
 +Funding contributions
 +---------------------
 +
 +The agreement should specify the level of core funding offered by the
 +funding body, the period over which this is available, and the terms.
 +These terms may require matching funding.
 +
 +Staffing levels
 +---------------
 +
 +The funding body should recognise that the Trust will normally be
 +expected to employ an executive director and one other member of staff.
 +
 +Business plan
 +-------------
 +
 +The agreement is likely to require the Trust executive director and
 +Board to prepare a full business plan on the lines of the funding bid
 +document within a specified period, and to update the plan annually.
 +
 +Annual reports
 +--------------
 +
 +The Trust may well be required to produce and publish an annual report.
 +
 +Monitoring and evaluation
 +-------------------------
 +
 +The agreement is likely to specify financial monitoring procedures and
 +the criteria for evaluating the performance of the Trust.
 +
 +Acknowledgements
 +----------------
 +
 +The agreement should also specify where and how acknowledgement should
 +be made to any funding body. © David Wilcox <​david@partnerships.org.uk>​.
 +Tel +44 (0)1273 677377. Fax: +44 (0)1273 677379. These information
 +sheets may be freely distributed with this attribution,​ but not
 +republished as a whole. [Partnerships Online](../​index) : [The Guide
 +to Development Trusts and Partnerships](../​pguide/​index):​ [other
 +sheets](../​pguide/​sheets)
 +
  
partnerships/azp/agree.txt · Last modified: 2017/06/12 10:20 (external edit)