NWDS are keen to provide Funds Management and Coordination support. Please contact us if you would like to discuss this further.
NDIS has created a conceise and easy to read fact sheet explaining the 4 different management plans click on the link below
NDIS Funds Management Facts Sheet
What is a registered plan management provider?
A registered plan management
provider is a term used to describe an individual or organisation that
undertakes the management of funds of the supports in a participant’s
A participant may request consideration of the use of a
registered plan management provider to manage some or all of the funding
for supports in their plan.
A registered plan management provider
might undertake financial intermediary activities, or financial and
service intermediary activities. It is expected that the registered plan
management provider will assist participants in increasing their skills
in these activities.
Financial intermediary activities include
such things as the organising of providers and their payment, the
processing of expense claims, the development of monthly statements for
participants, and claiming from the National Disability Insurance
Service intermediary activities involve a range of
activities to assist the participant in negotiating and coordinating the
provision of support. This could include sourcing providers,
negotiating method and timing of delivery of supports and negotiating
individual requirements as part of the support management.
registered plan management provider is also a provider of other supports
received by the participant, then the registered plan management
provider will need to have mechanisms in place for dealing with any
conflicts of interest that might arise. These mechanisms would normally
involve both policies and administrative procedures.
plan management providers will be able to register using the Application
Form for the Registration of Providers. For more information, see Registering as a Provider for the National Disability Insurance Agency.
information regarding determining suitability of a registered plan
management provider will soon be available on the website.
Options for plan management
will be able to choose their provider and manage arrangements such as
the timing and frequency of service delivery with their provider.
Participants can choose how to manage their funding consistent with
their plan. Funding can be managed by:
- the individual
- a plan ‘nominee’
- a registered plan management provider or
- the National Disability Insurance Agency.
type of management of the funding for supports that a participant
chooses will vary depending on their circumstances. Different options
can be chosen for different supports. Plans may have a combination of
the options as shown.
Other Related Information
Registering as a Provider for the National Disability Insurance Agency
Doing Business Online with the National Disability Insurance Agency
In your discussion with your planner
you will have talked about whether you would like to self-manage the
support budgets in your plan.
Self-management means you are responsible for paying the invoices
related to the supports you have received through your NDIS plan. You
will then be reimbursed for these expenses, with the money deposited
into your NDIS bank account. Self-managing your plan may also allow you
to directly employ your own staff, or pay someone else to employ them on
Self-managing support budgets in your plan means that you will be responsible for:
- choosing and arranging your own supports
- making payments to your chosen providers (on time)
- keeping records and receipts for services provided, claimed and paid
- reporting to the NDIA on the budgets spent on items in your NDIS plan.
Note: this information also applies to nominees and persons representing a participant who is a child.
For comprehensive information about self-managing, read the Module 2 document available for download on this page and Directly engaging your own staff.
Module 2 gives information about self-managing budgets in your plan, including:
- setting up a bank account
- purchasing goods and services
- accessing funds in your NDIS budget
- claiming payments from the NDIA
- paying support staff.
Fore more information click on the links below
My Place (WA) - A guide to engaging your own support workers
Finding and engaging providers
Understanding your plan and supports