Table Summary of Changes 2016- 2017: Plain/Simplified Funding Agreement Model for Project Funding

PROPOSED MODIFICATIONS – WHAT HAS CHANGED FOR 2016-2017 ADJUSTED OR NEW SECTION NEW TEXT (if applicable) TEXT FROM 2015–2016 MODEL (if applicable)
Adjustments made in response to comments/feedback received from some Recipients on funding agreement models Simplification Deleted section 1.3   1.3 DIAND's authority to publish information in respect of funding and the provisions regarding audit and evaluation survive the termination or expiry of this Agreement.
Clarification of the written information requirement Revised section 15.0 15.0 All notices, including requests or other communications from one party to the other required under this Agreement, must be in writing and are dated as of the date of:
(a) delivery for notices delivered in person;
(b) acknowledgement of receipt for notices by registered mail or courier; and
(c) transmittal for notices by facsimile or email.
15.0 All notices must be in writing and are dated as of the date of:
(a) delivery for notices delivered in person;
(b) acknowledgement of receipt for notices by registered mail or courier; and
(c) transmittal for notices by facsimile or email.
Adjustment to align the provisions of the agreement with the new opportunity to include multi-year budget allocation in a multi-year schedule of payments in funding agreements New section 2.4 2.4 If this Agreement covers more than one fiscal year, DIAND will, for each new fiscal year of this Agreement provide by notice a revised schedule of payments for that fiscal year.  
Adjustment to align with operational practices Revised previous section 2.4 (now section 2.5) 2.5 DIAND may by notice to the Recipient replace all or part of Annex 2 to extend reporting deadlines and to approve adjustments to the schedule of payments requested by the Recipient. 2.4 DIAND may by notice to the Recipient replace all or part of Annex 2 to extend reporting deadlines and to approve adjustments to the schedule of payments requested by the Recipient.
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