Effective: April 1, 2016
Section: Funding Arrangements
Administrator: Office of the Comptroller General
Applicability: GNWT Departments and Public Agencies

POLICY

Funding may be provided to a person, other levels of government, Public Agency, non-government organization, and other third parties through block funding, one-time or on-going contributions under the following conditions:

• The purpose is consistent with the program for which the funding has been provided;
• The funding arrangement obligates the recipient to achieve stated objectives within specified timelines;
• In the case of an on-going contribution, the purpose and amount of funding is reviewed and revised, as necessary on an annual basis; 
• Funding is providing in accordance with a written agreement that complies with terms or criteria established by the Comptroller General.

PURPOSE            

To ensure that contributions are only issued when the required controls and accountability requirements have been satisfied.

SCOPE

This policy applies to all funds provided as a contribution in order to further the funder’s own objectives, consistent with the funder’s mandate, by assisting with the recipient’s costs with an appropriate level of accountability over program delivery and outcomes.

RESPONSIBILITIES

Deputy Head

Responsible for the application of appropriate criteria, terms and conditions, and appropriate accounting for contributions by the recipient, in accordance with the intended outcomes.

Comptroller General

May approve Interpretation Bulletins associated with this policy.

Financial Management Board

May issue a directive respecting the financial management or financial administration of a Public Agency.

AUTHORITIES and REFERENCES

• Financial Administration Act (FAA)
  • s. 10 – Board directives
  • s. 42 - Agreements and Accountability
  • s. 73 - Appropriation transfers
  • s. 74 - Report on transfer of funds
  • s. 94 - Disbursement of public money
  • s. 95 - Contracts
  • s. 96 - Effects of contravention
  • s. 97 - Condition in contracts
  • ss. 98, 99 - Accountable advances
  • s. 100 - Interest on advances
• CPA Canada Public Sector Accounting Handbook

INTERPRETATION BULLETINS