The CCF Special Grants provide co-funding for specific schemes and projects. The funding quantum and caps are specified below:

¹Outsourced Internal Audit Grant is available to co-operatives with negative net worth and/or did not make CCF contributions.

PREREQUISITES AND CONDITIONS

1. The Co-operative must be registered with the Registry of Co-operative Societies (RCS).
2. The Co-operative is not receiving or has not received any grant from a government agency and/or other organisation for the same expense item.
3. The Co-operative may also tap on the CCF Development Grant to fund the portion of expense not covered by the CCF Special Grants. For example, a credit co-operative can claim 80% of the outsourced internal audit expense from the Outsourced Internal Audit Grant under the CCF Special Grants and the remaining 20% from the CCF Development Grant, subject to CCF Development Grants’ prerequisites and conditions.
4. Key appointment holders of the Co-operative such as any member of the Committee of Management (COM), Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, or an equivalent position with necessary decision-making power or officer who is authorised to sign for the Co-operative (authorised officer) have signed on grant applications. The signing by key appointment holder or authorised officer will be taken as support or endorsement by the Co-operative’s COM.
5. For the procurement of any goods or service that is above $6,000 in value, the Co-operative needs to show that it has obtained a minimum of three quotations from vendors of comparable scope or provide evidence that it has conducted a tender exercise.
6. In cases where a Co-operative is unable to provide supporting documents for at least three quotations, despite making reasonable efforts, or evidence of a tender exercise, the Secretariat, in consultation with RCS, may accept the submission of other relevant supporting documents under the following circumstances:
   • Co-operative has sought quotations from three or more vendors but received less than three bids that meet the essential requirements outlined in the quotation or tender documents.
   • The goods or services can be supplied only by a particular supplier and no reasonable alternatives or substitute goods or services exist for any of the following reasons:
     
     • the requirement is for a work of art;
     • the protection of patents, copyrights or other exclusive rights; or
     • due to an absence of competition for technical reasons.
   • The additional goods or services to be procured from the original supplier were not included in the initial procurement and a change of supplier for such additional goods or services.
     
     • cannot be made for any economic or technical reason such as requirements of interchangeability or interoperability with existing equipment, software, services or installations procured under the initial procurement; or
     • would cause significant inconvenience or substantial duplication of costs for the Co-operative.
   • For reasons of extreme urgency brought about by unforeseen and urgent events, the products or services cannot be obtained in time by means of quotation or tender procedures.
7. Grant applications submitted are for expenses incurred not more than 12 months ago.
8. The Co-operative must not have outstanding CCF contributions or late payment penalties.
9. Grant must only be used for the Co-operative’s expenses. It cannot be used for its subsidiary (if any) that is registered as a company.
10. The Co-operative must submit the invoice and proof of payment to the vendor.
11. The CCF Special Grants are not available to co-operatives which have already been issued winding up orders, are currently undergoing liquidation, are dormant or have ceased operations.

Please refer to SNCF’s website at https://www.sncf.coop/ccf-grants for details on the changes to CCF Grant procurement conditions with effect from 1 April 2024 and the Frequently Asked Questions (FAQs) on procurement of goods and services.

APPLICATION

To apply, please download application form and include all required supporting documents.

Completed documents are to be sent via email to your respective Co-operative Relations & Solutions Partner (SNCF affiliates) or email us at contactus@sncf.org.sg or contact us at Tel: 98205730