HomeRulebook HomeBalancing and Settlement CodeData Integration Platform RulesDsd005 Dip Funding and Budget
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CONTENTS

  • 1 Introduction
    • 1.1 Scope and Purpose
    • 1.2 Funding Principles
  • 2 DIP Budget
    • 2.1 Budget composition
    • 2.2 Budget consultation
    • 2.3 Annual DIP Standing Charge
    • 2.4 DCAB Role in budget setting
    • 2.5 In year DIP Budget amendments
  • 3 DIP Costs
    • 3.1 DIP Costs elements
    • 3.2 Taxation
    • 3.3 DIP Standing Charge
    • 3.4 Determination of Funding Shares
    • 3.5 DIP Non-Standing Charges (DNSC)
    • 3.6 DIP Non-Core Service costs
    • 3.7 Monthly Invoices
    • 3.8 Annual reconciliation
  • 4 Payment of DIP Charges
    • 4.1 Bank Accounts
    • 4.2 Credit Cover
    • 4.3 Payment by DIP Payees
    • 4.4 Disputes
    • 4.5 Late Payments and Bad Debt
    • 4.6 Late Payment Default Funding Share
    • 4.7 Repayment of recovered bad debt
    • 4.8 Late payment interest
    • 4.9 Emergency Funding
  • Amendment Record

DSD005 - Funding and Budgeting V1.0.0

Effective From Date:01/10/2024
Status:LIVE
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