Contribution and grant agreements signed with CIDA as of September 1, 2000, must respect all aspects of the revised Policy on Transfer Payments which is available on the Treasury Board Secretariat internet site.
This revision made by Treasury Board is part of the Government's ongoing commitment to spend Canadians' money wisely and judiciously.
Although most requirements have not changed, all potential recipients of contributions or grants with CIDA must pay special attention to the following changes:
A management and accountability framework indicating the results to be achieved agreed to by the recipient and CIDA has to be stated in the contribution agreement. The recipient will have to provide interim and final narrative reports that reflect the extent of results achieved.
For contribution or grant agreements in excess of $100,000: Prior to signing the agreement, the recipient will have to submit a written declaration indicating all sources of proposed funding with their corresponding amounts for the project. From the breakdown of the total funding, CIDA will establish the maximum amount of its contribution or grant as well as the maximum percentage that this amount will represent relative to all funding. These maximum limits are to be included in the contribution or grant agreement.
The recipient will have to submit a written declaration on overdue accounts with the Crown before or shortly after signing the contribution agreement. If there are any overdue accounts, CIDA will have to verify if any measures must be taken to recover these accounts before issuing the first cheque.