Temporary Transformation Payment (TTP) was introduced by the NDIS in the July 2019-20 price review. TTP is a conditional pricing load designed to assist providers to transition to the NDIS.
For 2020/21 it has been set at 6 per cent above the standard rate and will decrease each year by 1.5 per cent for five years until it is completely removed. Items that are associated with TTP can be identified by a ‘T’ at the end of the line item.
To an eligible for NDIS registration (like Hireup), providers must adhere to:
- Publishing their service prices
- List and keep up-to-date their business contact details in the Provider Finder
- Participate annually in an Agency-approved market benchmarking survey
For more information on TTP, go to the NDIS website.