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<p>The Environment Agency has published guidance[1] that describes the principles
that Risk Management Authorities should follow when implementing the Government’s
partnership funding policy[2] and promoting flood and coastal risk management projects.
This includes securing contributions from beneficiaries for flood risk management
schemes.</p><p> </p><p>All contributions are voluntary. Most private contributions
are associated with the direct reduction of risk to the business location alone. However
in some situations, where businesses are within an at-risk community, their contributions
may also be used to protect the adjacent community. Where this is the case, the Government
offers tax incentives in support.</p><p> </p><p>The terms on which contributions are
secured is a matter for each Risk Management Authority. The guidance describes the
key elements these terms should consider. The Environment Agency has standard terms
template agreements for use when securing contributions from the public and private
sectors towards its projects.</p><p> </p><p> </p><p>[1] <a href="http://webarchive.nationalarchives.gov.uk/20140320133552/http:/cdn.environment-agency.gov.uk/lit_6696_f143f7.pdf"
target="_blank">Principles for implementing flood and coastal resilience funding partnerships</a>
(Environment Agency 2012)</p><p>[2] ‘Flood and coastal resilience partnership funding’
<a href="https://www.gov.uk/government/publications/flood-and-coastal-resilience-partnership-funding-an-introductory-guide"
target="_blank">introductory guide</a> (Defra 2011)</p><p> </p>
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