RACMA administers PICS funding by entering into a Secondary Funding Agreement (SFA) with training organisations for the current PICS funding period. The SFA outlines all contractual obligations of RACMA and the funded training organisation and includes:
- information about the training position (also referred to as the PICS Post)
- information about the training locations the trainee will rotate to while in this PICS funded position (rotational facilities)
- reporting requirements and obligations
- a schedule of payments and reporting dates
- the PICS reference number for each position funded under the Agreement
The duration of the SFA depends on:
- the length of the current Agreement between RACMA and the Department of Health (Australia); or
- When RACMAs funding with the Department of Health (Australia) is extended, new SFAs or extensions (Deeds of Variation) will be issued as required
The SFA must be read and understood by the key organisation staff, such as Liaison Officers, Supervisors and Finance staff, who will be involved in managing the PICS post.