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CONTRACTS AGREEMENTS. CONTRACTS AND AGREEMENTS. Contract “AKA” Vendor Agreement” “An Agreement with specific terms between two or more entities in which there is a promise to do something”. Contract “AKA” Vendor Agreement”
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CONTRACTS AGREEMENTS CONTRACTS AND AGREEMENTS
Contract “AKA” Vendor Agreement” “An Agreement with specific terms between two or more entities in which there is a promise to do something”
Contract “AKA” Vendor Agreement” “An Agreement entered into by two or more parties with the serious intention of creating a legal obligation.”
First Page of Agreement: The Agency’s Direct Purchase of Services program is designed to promote the developmental of a comprehensive and coordinated service delivery system to meet the needs of older individuals.
Scope of Services: List Services to be Purchased Defines the services/Measurement Only the service(s) contracted will be honored. Payment, Services and Reimbursement Sources of Funding Amounts Cost ( total & Federal/State Rate)
Terms of Agreement: Describes what “you” (vendor) will do; a. Regulations b. Targeting c. Reports – Accurate & Timely d. Program Income e. Letter of Commitments f. Communication g. SAMS h. Accepting Gifts
AAA Agrees to: Review Data ( i.e SAMS, Assessment) Communication – Clients Technical Assistance Quality Assurance Provide Policies/Procedures Start up funds – if applicable Employ full time staff
Assurances Audits – due dates/requirements Termination: a. 30 days notice – Failure to comply with ANY part of the agreement Breach of Agreement: Lack of Proof – Insurance(s) Failure to Safeguard Asset(s)
TERMINATION: WHY? Failure to meet line-item approved budget OR AAA may: Install Program Monitor Appoint Temporary Manager Cancel and/or Terminate
Subcontracting Confidentiality Conflict of Interest Records & Financial Audit
Indemnification Internal Dispute Mediation Participant Grievance Personnel – Key Insurance(s)
In Summary: RESPONSE - ABILITY Yours Vs. Ours