Note: This step is completed by the Program Manager, who selects and completes the funding agreement template. A team member with the Approver role will then approve (or reject) the funding agreement.
Each applicant with an approved allocation is added to the Funding Agreement list. Initial status is Created, which means the funding agreement can be configured and sent out.
This agreement spells out what is expected from both parties throughout the engagement. You can use a default, SurePact-provided funding agreement, or a custom agreement configured by an admin user in Administration / Template Builder.
To get started, click the applicant’s three-dot icon.
Before proceeding, you’ll need to agree to SurePact’s funding agreement disclaimer. This states that it’s your responsibility to ensure legality, and that SurePact is not liable for any future agreement-related disputes between parties.
The first step is to choose the funding agreement template.
Complete the template fields as needed. Some fields are already filled in and grayed out, such as Payment Type and Funds Approved. Be sure to complete each required field, specifying dates, project details, etc.
Be sure to sign where indicated, and provide e-signature consent.
Back at the top of the popup, enter a note for the approver, and click Request Approval.
The status is now Pending Approval.
Pending approvals are handled by team members with Approval role.