Funding

The consortium hub will be paid for via a contract top slice mechanism.

It will need to be sufficiently dynamic to expand and, if necessary, contract in line with fluctuations in the funding market, increasing and decreasing its capacity to balance with the inflow of cash.

A key underlying principle of the internal resource allocation ratio between hub and member organisations is that the vast majority of funding should be invested in the essential requirements of delivery with more money as a result getting through to the individual client, and correspondingly less being absorbed by bureaucracy and administration.