Access over 20 million homework & study documents

AJS522 Financial Contingency Planning: Sources of Funding

Content type
User Generated
Subject
Business Law
Type
Essay
Rating
Showing Page:
1/9
Financial Conngency 1
Financial Contingency Planning: Sources of Funding
Name
Class
Date
Professor

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/9
Financial Conngency 2
Chemical Dependency Counseling in Prison
Financial Contingency Planning is essential to the success of any chemical dependency
counseling program. There are many problems that can surface in the financial sector of the
organizations and can result in high costs for the organization. Having a contingency plan in
place can reduce the harmful effects of the challenge that surfaces. The financial contingency
plan is developed through strategic scenario planning and develops the actions to be
implemented only upon the occurrence of anticipated future events. A contingency plan will
protect the chemical dependency program from unforeseen threats or events that could interrupt
the success of the program. This requires sources of revenue to be readily available to the
chemical dependency counseling program in prison.
Public-Private Partners
In order for any financial contingency plan to be successful there needs to be sources of
revenue available. One source of revenue is the public-private partner. There are many different
forms of the public-private partner that can be employed by the program. The Operations and
Management model involves a public partner (federal, state, or local government agency or
authority) who contracts with a private partner to provide and/or maintain a specific service
(North, 2011). Through O&M the public partner retains control over the chemical dependency
program and retains management control.
The next type of public-private partnership is the Operations, Maintenance, and Management.
In this public-private partnership the public partner will retain ownership of the public program
but the private party may also invest capital into the program. The private investor will receive a

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/9

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 9 pages?
Access Now
Unformatted Attachment Preview
Financial Contingency Planning: Sources of Funding Name Class Date Professor Chemical Dependency Counseling in Prison Financial Contingency Planning is essential to the success of any chemical dependency counseling program. There are many problems that can surface in the financial sector of the organizations and can result in high costs for the organization. Having a contingency plan in place can reduce the harmful effects of the challenge that surfaces. The financial contingency plan is developed through strategic scenario planning and develops the actions to be implemented only upon the occurrence of anticipated future events. A contingency plan will protect the chemical dependency program from unforeseen threats or events that could interrupt the success of the program. This requires sources of revenue to be readily available to the chemical dependency counseling program in prison. Public-Private Partners In order for any financial contingency plan to be successful there needs to be sources of revenue available. One source of revenue is the public-private partner. There are many different forms of the public-private partner that can be employed by the program. The Operations and Management model involves a public partner (federal, state, or local government agency or authority) who contracts with a private partner to provide and/or maintain a specific service (North, 2011). Through O&M the public partner retains control over the chemical dep ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Really helpful material, saved me a great deal of time.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4