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Change Proposals

SCP 481 - Amendments to the unallocated payments process

  • CP Number SCP 481
  • Raised Date 13/08/2019
  • Implementation Date 09/12/2019
  • Impacted Parties All Supplier Parties
  • Status Implemented
  • Urgent No
  • Last Updated 09/12/2019
  • Authority Consent Required? No
  • Secretariat Support Fraser Mathieson
  • Synopsis

    This SPAA Change Proposal (SCP) seeks to make changes to the annual Unallocated Transaction release process contained within Schedule 43 (section 18 – Unallocated
    payments) relating to prepayment. There have been previous change proposals (CP XX XXX and SCP 436) which were approved but only addressed the allocation of funds in the
    ‘Unallocatable Transaction Report’. This change seeks to extend the propose to incorporate all non-allocated transactions held by the PPMIP and to distribute across all Suppliers with a
    Prepayment portfolio based on Market share for the period of allocation.

Pre-Modification Stage
Raised
Issued for Legal Review
Issued to Impact Assessment

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