The Contract and Third Party Funding
ISSUING YOUR CONTRACT
If your application is successful you will receive a contract from WREN within one week of the board meeting. As WREN pay contractors directly we will discuss and agree how your funding payments will be made and agree a payment schedule. At the same time we will agree how often you will need to provide reports detailing the progress of your project.
Please remember to read all sections of the contract to make sure you are aware of the conditions of WREN’s funding offer and make sure an authorised person signs the contract.
A permission to start form will be distributed with your contract which will need to be signed and returned to WREN. Once this form has been received by WREN and the Project Administrator has confirmed all details are correct the permission to start form will be counter signed and returned to confirm that the project can now start.
Please note that if you start your project before the counter signed permission to start form has been received, the offer of funding will be withdrawn.
REQUESTING THIRD PARTY FUNDING
When the formal contract is issued, a request for payment will be sent to your chosen Third Party Funder.
A grant cannot be paid until this payment has been made and Third Party Funding payments should be received within 30 days of issue.
This next stage explains how payments to contractors and reporting on the project should happen.