| Overview : Context of the Requirement:
Pursuant to the UN General Assembly Resolution 56/201 on the Triennial Policy Review of operational activities for development of the United Nations System, UNDF, UNICEF, UNFPA and WFP (the United Nations Development Group (UNDG) Executive Committee Agencies(Ex-Com Agencies)) adopted a common operational framework for transferring cash to government and non-government Implementing Partners. In April 2005, the UNDG formally released a Harmonized Framework for Cash Transfers to Implementing Partners (HACT, hereinafter called as “the Framework”). Its implementation will significantly reduce transaction costs and lesson the burden that the multiplicity of UN procedures and rules creates for its partners.
The HACT Framework has been revised in February 2014 and within the framework of the new United Nations Development Assistance Framework (UNDAF) 2013-2016, the relevant UN Agencies in Belize (i.e.UNDP, UNICEF, and UNFPA) are looking for a third party service provider to conduct an assessment of the Public financial management.
Brief Description of the Required Services:
This assessment should look at the following areas: the national budget development and execution, the national compliance with public sector accounting standards and internal control mechanisms, the control of cash and assets, the audit and oversight and the systems and staff.
The purposes of the Macro-assessment are:
* Capacity development objective: The macro-assessment will support the UNDG member Agencies and the Government of Belize in identifying strengths and weaknesses in the country PFM and areas for capacity development by government and other entities.
* Financial management objective: The macro assessment will assist in the establishment of appropriate cash transfer modalities, procedures, and assurance activities to be applied by the UN Agencies. It will determine the capacity of the Supreme Audit Institution (SAI) to undertake scheduled and special audits of government implementing partners |
