Hi all,
The committee has decided to implement a new Project Finance Structure with immediate effect. This change is only for private sites.
The reasoning behind this decision… Rebate has become a lot less per month since the stricter Scoop ordering system has been put in place so we needed to find a way to better manage the funds. Link to reason for stricter Scoop ordering procedure - Rebate funding from Scoop.
- Sectors will still be funded but maximum 25% from CTWUG
- Only Backbone links that will carry transit traffic will qualify for Funding
- Finance will only cover Routers, Dishes, Tough Switches and GSP, no more Poles, Brackets, Cables and other Sundries (Nuts, bolts, etc.)
- Only Links not meeting new OSPF requirements could qualify for CTWUG rebate/cash assisted funding - The Committee will use nms.ctwug.za.net to check if a link was once meeting the requirements, to avoid abuse (people making a link perform badly to get approval)
- For Dishes, only the LMR cables required for the approved project will be financed
Projects to be funded like this:
1.25% from Scoop Rebate
2.25% from CTWUG Bank Account
3.50% from the Client
The Committee reserves the right to change these rules at any time as link situations wont always be the same.
- Link to Finance Project Form - https://downloads.ctwug.za.net/finances/ProjectFinanceForm.xlsx
- Link to Finance Wiki Page - https://wiki.ctwug.za.net/wiki/Finance_System
- Link to CTWUG Finance Website - http://finances.ctwug.za.net/Pages/Projects.aspx