Fund Administration & Disbursement Services DPS (FAADS)

All public sector buyers can access a full range of services for designing and administering schemes that disburse funds. Schemes can include grants, loans, entitlement benefits, hybrid funds and any other fund not so easily defined. Replaces RM6172 Grant Administration Services. Provides a larger range of services than our previous grant administration agreements. You will have the flexibility to buy the services you need to provide any fund type including: grants loans entitlement benefits hybrid scheme (for example part grant and part loan) any other fund not so easily defined You can not use this agreement to distribute free school meals or certain retail vouchers. If you need free school meal or retail vouchers take a look at our RM6248 Payment Solutions 2 agreement. There are 6 service types that you can buy through this agreement. These are: design and development: access services to help you design and build your scheme such as programme guidance, design elements, IT systems, monitoring and reporting and expert consultancy services market engagement and promotion: access services to market and promote your fund scheme such as communication and marketing, pre application guidance and target audiences application and award services: access services for administration and customer service as well as payment processing and performance monitoring evaluation services: services to help you design robust evaluation systems such as measuring impact and outcomes and evaluation of lessons learned counter fraud services: includes fraud detection, post event assurance, fund review and mitigation of future risk full programme management: buy a combination of two or more of the above services