The abbreviated form is used for financing amounts and activities that are less risky than the standard form. The short form is a full-fledged, modifiable model that contains its own Abridge conditions. A grant is money given to organizations or individuals for a specific purpose, in order to achieve objectives consistent with government policy… [and] is generally used to include any financing agreement in which the recipient is selected on the basis of performance criteria on the basis of a set of criteria. Subsidies can take many forms, including ad hoc payments, competition assessment or whether certain criteria are met. Grants do not include donations, sponsorship, the undisputed transfer of funds to a public agency responsible for the delivery of services or a project (facilitated by a Memorandum of Understanding), the purchase of goods and services from third parties and consultants (purchases) or the purchase of goods and services on commercial terms. For flexibility reasons, each form is coupled with a clause that contains additional clauses that meet a large number of funding requirements. In response to this clause, the Victorian government now requires funded non-governmental organizations to provide services to children: departments that use the VCFA must ensure that eligible agencies meet the above requirements before complying with a funding agreement for children`s services. More information is available on the ministry of justice and community safety website. The service contract contains specific compliance and protection conditions, including the quality of services and the safety of customers seeking these services. The Department of Health and Human Services, Department of Education and Training and the Adult Community and Further Education Board uses the service agreement to fund organizations providing direct support and other services to the community. The standard form is used for a large number of projects and services.
The standard form consists of two separate documents: the 2013 Betrayal of Trust Report found that survivors of institutional child abuse were sometimes unable to identify an appropriate legal entity to take legal action and, even if they could, these organizations sometimes did not have enough assets to be sued or to enforce compensation orders. The VCFA is under review. A new VCFA is expected to begin in 2020. The VCFA uses the definition of “Better Grants by Design”: the VCFA can be used to finance grants for investment projects. However, VCFA cannot be used to finance investment projects: the standard VCFA form, the short VCFA form and the banks of clauses are available on the VCFA-Models and Forms page.