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A - Z

This glossary will help you to understand what a term means and provide the best evidence or examples in your application.

A

Applicant

A person or organisation applying to government for funding.

Application

The information an applicant provides to support their request for funding.

Asset

An item of monetary value that an organisation owns.

Assets can be sold at the end of a project.

Assurance

Assurance checks take place to give DLUHC confidence that planned activity is taking place and money is being spent as intended.

B

Bid

Bid is often used interchangeably with application. We recommend using application, as it is universally applicable.

C

Capital funding

Money used to buy, lease or improve capital assets, such as buildings, land or equipment.

Capital grant

A sum of money given by government to an organisation to buy or improve:

  • buildings
  • land
  • equipment

Source: Government functional standard

Criteria

Specific criteria that a project has to meet to be eligible to receive funding. For example, grants to assist people affected by floods.

Source: Government functional standards common glossary

D

Direct award

DLUHC award funding without competition via applications.

E

There are no entries in this section

F

Full business case

Also known as a final business case.

A full business case is part of a proposal for a big project. It should:

  • include the most financially viable offer
  • confirm affordability
  • put in place the detailed arrangements for successful delivery

Source: Project business case guidance (PDF,1,865 KB)

G

Grant

A grant is a way of the government providing money to organisations and individuals. Grants advance government policy but do not give a direct economic benefit to the recipient.

A grant is usually given as a sum of money if the applicant meets the conditions of the fund.

The money can be reclaimed under certain conditions, for example, if the recipient:

  • misuses the money
  • fails to spend any of the money
  • is unlikely to spend the money within the agreed timeframe

Grant funding agreements

Also known as GFAs.

The conditions that an applicant must meet to receive funding.

Grant manager

Also known as contract manager for some DLUHC projects.

A member of staff at DLUHC responsible for the delivery of a project.

Grant recipients

Also known as GRs.

The projects or organisations that are receiving funding.

The Green Book

HM Treasury guidance on how to appraise and evaluate policies, projects and programmes.

H

Heads of lease

Before they sign a commercial rental agreement, the landlord and renter will agree on terms.

This is a document which reflects the commercial deal agreed:

  • between two parties
  • outlines the fundamental terms

These are usually included in the first draft of the legal documentation. The solicitor for either party can do this.

I

Intervention

A range of specific strategic policy objectives designed to achieve a vision or overall mission.

Intervention rate

A rate at which DLUHC will pay claims.

Some funds will agree to an intervention rate of payment. It will depend on where in the country a project is. Areas that might need support could receive payment of a higher intervention rate.

For example, if an intervention rate is 80%, when a grant recipient submits a claim for £100, DLUHC will only pay £80 of the claim.

J

There are no entries in this section

K

There are no entries in this section

L

Levelling up

Political policy that tackles inequality in different places and regions.

M

Match funding

An amount of money that might need raising by another funder.

Sources include:

  • public bodies
  • administrations
  • devolved administrations
  • charitable trusts
  • national lottery funders
  • community shares
  • social investors
  • other lenders

N

There are no entries in this section

O

Outcome

An outcome is the impact of a change. Outcomes measure impact by how much it affects society.

Source: Government Green Book

Output

An output is a measurable change. It can relate to the level or quality of a service.

Source: Government Green Book

P

Project

A piece of work that delivers an output.

Source: Government functional standards common glossary

Public Sector Equality Duty (PSED)

In all their work, public bodies must think about the need to:

  • end unlawful discrimination
  • remove barriers for people with protected characteristics
  • foster good relations between different people

Source: Review of public sector equality duty

Q

There are no entries in this section

R

Revenue funding

Used towards the running costs of a project. This might include general costs, including for:

  • utilities
  • staffing
  • appointing external consultants

S

Subsidy control regime

A legal document that explains how the subsidy control regime will work in the UK.

T

There are no entries in this section

U

There are no entries in this section

V

Value for Money (VfM)

A judgement on whether a project will offer good value to the public. It relies on the information provided by the applicant.

A value for money judgement is made up of:

  • benefit cost ratio (BCR)
  • the project deliverables
  • the project risks
  • the organisation’s ability to deliver its proposal
  • fit with government strategies and policies

Source: Government Green Book

W

White paper

Policy documents produced by the government that set out their proposals for future legislation.

X

There are no entries in this section

Y

There are no entries in this section

Z

There are no entries in this section