Common use of OVERSPENDS AND UNDERSPENDS Clause in Contracts

OVERSPENDS AND UNDERSPENDS. 10.1 The Authority shall use all reasonable endeavours to arrange for the discharge of the Authority Health-Related Functions and the NHS Functions within the Financial Contributions available in each Financial Year. 10.2 The Authority shall endeavour to manage any in-year overspends within its commissioning arrangements for the Services. 10.3 The Authority shall make the NHS bodies aware of any potential overspend as soon as it becomes aware of this possibility. The Authority will highlight reasons for the overspend, both current and projected, and make recommendations for action to bring the relevant Financial Contributions back to balance. 10.4 If, at the end of the Financial Year or on termination or expiry of this Agreement, it becomes apparent that there has been an overspend of either Partner's Financial Contribution for Pooled Funds, the Partners shall meet the overspend proportionately to their respective Financial Contributions. 10.5 The Authority shall make the NHS bodies aware of any potential underspend in relation to Financial Contributions, prior to the end of the Financial Year. The Authority shall highlight reasons for theunderspend and identify any part of that underspend which is already contractually committed. The application of any underspend of the Pooled Funds at the end of the Financial Year or on termination or expiry of this Agreement (whichever is appropriate) shall be decided by the Joint Commissioning Co-ordinating Group; if the Partners cannot agree, be returned to the Partners in proportion to their Financial Contribution for the Financial Year.

OVERSPENDS AND UNDERSPENDS. 10.1 The Authority 9.1 Stockton shall use all reasonable endeavours to arrange for the discharge of the Authority Health-Related ▇▇▇▇▇▇▇▇’▇ own Adoption Functions and the NHS Adoption Functions within the Financial Contributions available in each Financial Year. 10.2 The Authority 9.2 Stockton shall endeavour to manage any in-year overspends within its commissioning arrangements for the ServicesRAA. 10.3 The Authority 9.3 ▇▇▇▇▇▇▇▇ shall make the NHS bodies other Authorities aware of any potential overspend as soon as it becomes aware of this possibility. The Authority ▇▇▇▇▇▇▇▇ will highlight reasons for the overspend, both current and projected, and make recommendations for action to bring the relevant Financial Contributions back to balance. 10.4 9.4 If, at the end of the Financial Year or on termination or expiry of this Agreement, it becomes apparent that there has been an overspend of either Partner's the Authorities Financial Contribution for Pooled FundsContribution, the Partners Authorities shall meet the overspend proportionately to their respective Financial Contributions.; 10.5 The Authority 9.5 ▇▇▇▇▇▇▇▇ shall make the NHS bodies Authorities aware of any potential underspend in relation to Financial Contributions, prior to the end of the Financial Year. The Authority ▇▇▇▇▇▇▇▇ shall highlight reasons for theunderspend the underspend and identify any part of that underspend which is already contractually committed. . 9.6 The application benefit of any underspend of the Pooled Funds at the end of the Financial Year or on termination or expiry of this Agreement (whichever is appropriate) shall be decided by the Joint Commissioning Co-ordinating Group; shall: a) if the Partners Authorities agree, be applied to the RAA; b) if the Authorities agree, be deducted proportionately from the Authorities' Financial Contributions for the following Financial Year; or c) if the Authorities cannot agree, be returned to the Partners Authorities in proportion to their Financial Contribution for the Financial Year.;

OVERSPENDS AND UNDERSPENDS. 10.1 The Authority 9.1 Stockton shall use all reasonable endeavours to arrange for the discharge of the Authority Health-Related Stockton’s own Adoption Functions and the NHS Adoption Functions within the Financial Contributions available in each Financial Year. 10.2 The Authority 9.2 Stockton shall endeavour to manage any in-year overspends within its commissioning arrangements for the ServicesRAA. 10.3 The Authority 9.3 Stockton shall make the NHS bodies other Authorities aware of any potential overspend as soon as it becomes aware of this possibility. The Authority Stockton will highlight reasons for the overspend, both current and projected, and make recommendations for action to bring the relevant Financial Contributions back to balance. 10.4 9.4 If, at the end of the Financial Year or on termination or expiry of this Agreement, it becomes apparent that there has been an overspend of either Partner's the Authorities Financial Contribution for Pooled FundsContribution, the Partners Authorities shall meet the overspend proportionately to their respective Financial Contributions.; 10.5 The Authority 9.5 Stockton shall make the NHS bodies Authorities aware of any potential underspend in relation to Financial Contributions, prior to the end of the Financial Year. The Authority Stockton shall highlight reasons for theunderspend the underspend and identify any part of that underspend which is already contractually committed. . 9.6 The application benefit of any underspend of the Pooled Funds at the end of the Financial Year or on termination or expiry of this Agreement (whichever is appropriate) shall be decided by the Joint Commissioning Co-ordinating Group; shall: a) if the Partners Authorities agree, be applied to the RAA; b) if the Authorities agree, be deducted proportionately from the Authorities' Financial Contributions for the following Financial Year; or c) if the Authorities cannot agree, be returned to the Partners Authorities in proportion to their Financial Contribution for the Financial Year.;

OVERSPENDS AND UNDERSPENDS. 10.1 The Authority Both Partners shall use all reasonable endeavours to arrange for the discharge of the Authority Health-Related Council Functions and the NHS CCG Functions within the Financial Contributions available in each Financial Year. 10.2 The Authority Both Partners shall endeavour to manage any in-year overspends within its commissioning arrangements for the Services. 10.3 The Authority Both Partners shall make the NHS bodies each other aware of any potential overspend as soon as it becomes aware of this possibility. The Authority They will highlight reasons for the overspend, both current and projected, and make recommendations for action to bring the relevant Financial Contributions back to balance. 10.4 If, at the end of the Financial Year or on termination or expiry of this Agreement, it becomes apparent that there has been an overspend of either Partner's Financial Contribution for Pooled Funds, then the Partners shall meet the overspend proportionately to their respective Financial Contributions.in accordance with the provisions of paragraph 2 of Schedule 6; 10.5 The Authority Both Partners shall make the NHS bodies each other aware of any potential underspend in relation to Financial Contributions, prior to the end of the Financial Year. The Authority Partners shall highlight reasons for theunderspend the underspend and identify any part of that underspend which is already contractually committed. . 10.6 The application benefit of any underspend of the Pooled Funds at the end of the Financial Year or on termination or expiry of this Agreement (whichever is appropriate) shall be decided by the Joint Commissioning Co-ordinating Group; if shall: 10.6.1 If the Partners cannot agree, be returned to the Partners in proportion to their Financial Contribution for the Financial Year in accordance with Schedule 6 ;or 10.6.2 If the Partners agree, be deducted proportionately from the Partners' Financial Contributions for the following Financial Year; or 10.6.3 Re-invest the sums in such manner as both Partners agree.