Procurement Summary
Country : United Kingdom
Summary : Portfolio Risk Assurance Programme Iii (Prap Iii)
Deadline : 20 Feb 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 96241961
Document Ref. No. : tender_409668/1310108
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Title : Portfolio Risk Assurance Programme III (PRAP III)
Location Of Contract : London
Industry : Foreign economic-aid-related services - 75211200
Description : Portfolio Risk Assurance Programme III (PRAP III), is the third phase of an original Portfolio Risk Assurance Programme (PRAP) and a successor of PRAP II. The programme aims to improve efficiency and effectiveness of FCDO bilateral programmes in Pakistan. It will focus on portfolio and programme assurance, by playing an advisory role, building capacity of implementing partners and developing tools to mitigate risks for all Official Development Assistance (ODA) and non-ODA programmes. This will be achieved by mitigating the risks of high fraud and corruption in public funds, and by ensuring implementation of due diligence and safeguarding policies. Reviews will help identify where risks are highest. Programme effectiveness should improve as risk-managed funds have a higher chance of reaching the intended beneficiaries while efficiency will be improved by addressing governance and system flaws within partner organisations and streamlining the flow of funds to beneficiaries. The programme will also help build capacity across BHC programmes to measure VFM and report on it, which will contribute directly to achieving the intended impact of the programme. Support to partner organisations to take positive action to manage risks can promote and ensure consistency and standardisation ...
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Tender Notice