Single approved body to disburse funds
RECOMMENDATION 22: A SINGLE APPROVED BODY TO DISBURSE FUNDS
The NBN Trust should be the Approved Body for the disbursement of funding provided through any Framework Agreement.
Funding would be provided to the NBN National Hub, NBN Regional Hub Partners, affiliated Super Partners and local communities or individuals as per the recommendations of this Review. Ongoing efficiencies should be sought to continually maximise the value and impact of funding.
The NBN Trust should use an Annual Performance Review to report the funding disbursed and value achieved using performance metrics defined in the Framework Agreement.
The annual spending plans of each funded Partner should be guided by the relevant National or Regional Committee to maximise the value of the funding contribution.