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Code for the Tendering and Performance of Commonwealth Funded Building Work 2016Funding Entity Model Clauses Directly Commonwealth Funded Building Work 1 September 2017Page i 20780115CONTENTS 1. Purpose12.
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What is funding entity model clauses?
Funding entity model clauses are a set of predefined contractual provisions that outline the terms and conditions of funding provided by an entity to another party.
Who is required to file funding entity model clauses?
Any entity that provides funding to another party is required to file funding entity model clauses.
How to fill out funding entity model clauses?
Funding entity model clauses can be filled out by including all relevant information about the funding arrangement, terms and conditions, and any other necessary details.
What is the purpose of funding entity model clauses?
The purpose of funding entity model clauses is to ensure transparency and clarity in funding agreements, protecting the interests of both the funding entity and the recipient.
What information must be reported on funding entity model clauses?
Funding entity model clauses must include details about the parties involved, the funding amount, the purpose of the funding, the terms of the agreement, and any other relevant information.
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