2.4 General Requirements for all Applicants
In addition to each application meeting the criteria outlined above, all prospective applicants
must meet the following general criteria:
•
GST
All funding applicants must work in GST inclusive fgures at all times. Because the Waikato River
Clean-up Trust receives its funding from the Crown in GST inclusive amounts, all funding business
will be conducted in this way.
•
Legal Entity
Recipients must be a legal entity in New Zealand, and projects over $10,000 must be GST
registered. Recipients must not be bankrupt or insolvent.
•
Trust Indemnifed
If the Trust su ers any loss or damage as a result of any act or omission of a Recipient, its
employees, agents or contractors, the Recipient shall fully indemnify the Trust.
•
Funding Deed
All successful applicants will be subject to the terms and conditions of the Funding Deed
(available from
). The Funding Deed, which represents the funding
contract between the Authority and the Recipient, must include a detailed project plan. This plan,
at a minimum, should contain:
• Deliverables
• Key tasks
• Milestones
• A project cash fow.
•
Co-funding
The Authority anticipates that all successful applicants will have an element of co-funding
included as part of their project. The greater the level of co-funding, the greater the weight the
Waikato River Authority will give to the application. Quantifed in-kind funding may constitute an
element of co-funding.
2.5 Other Matters for Consideration
The Trust considers it advantageous if projects it funds are related to adjacent or nearby
restoration and/or protection projects, and/or builds on existing initiatives.
The Trust recognises set-up costs may be required and these may include research, tools, training
and extension programmes.
The Trust encourages applicants for projects to consult with the appropriate Waikato River Iwi
who hold mana whenua relevant to the project area.
The Trust will not fund works that are required arising from the statutory planning framework
within the Waikato region
The ‘polluter pays’ principle will apply to projects and the Trust will not generally fund a project
to address discharges or contamination that are the responsibility of the entity that created them.
In exceptional circumstances the Trust may consider funding projects with a high degree of public
good on a co-funding basis with polluters.
The Trust encourages and welcomes funding from more than one source to support Trust funded
projects. Such funding includes in-kind contributions.
Waikato River Clean-up Trust Funding Strategy
September 2012
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