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COMING SOON: Changes to Financial Reporting Requirements for Contracted/Commissioned Service Providers

An important change is coming soon regarding financial reporting requirements for Contracted/Commissioned Service Providers.

Currently, PHN Contracted/Commissioned Service Providers are required to submit audited financial statements, which are generally due in October. This requirement will be changed to the submission of an unaudited financial summary, which will now be due in mid-August.

This change is intended to streamline and simplify the financial reporting process, allowing for the timely review of underspend/surplus, rollover requests, and contract renewals.

More information will be provided in the coming weeks. In the meantime, please reach out to the PHN Contracts Team or your Commissioning Coordinator with any questions.

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