Home; Aid by Location; Tanzania; Tanzania Subscribe. IATI Identifier: GB-1-204500. should consider how their submission improves value for money. `�^ This report was commissioned by the CSC as part of its new programme of evaluation activity. endstream endobj 275 0 obj <. To do that in a rapidly changing world, the UK government and FCDO must: Deliver on the UK’s promises and live its values. (‘Spending fairly’). Value for Money (VfM) in our programme1 is about maximising the impact of each pound spent to improve poor people’s lives. FCDO needs strategic approach to transform the effectiveness of the UK aid budget. Value for money should be considered as part of the decision-making process for any proposal which involves the use of public resources. All project proposals will be assessed for value for money against 3 headline criteria: Economy: have costs have been reduced as far as possible. FCDO will monitor Supply Partners in six priority areas as set out below using a set of Key Performance Indicators (KPIs) as referenced in Annex 1a and 1b. Since 2010, donors have increasingly required organisations to demonstrate the Value for Money of their interventions. Uniting development and diplomacy under the Foreign, Commonwealth and Development Office (FCDO) offers an opportunity to maximise value for money for British soft power, re-shaping policy, taking full advantage of comparative diplomatic freedoms and has a clear value add of Global Britain to UK’s own, national human security. In deciding the final shortlist of grants, the UK Foreign, Commonwealth & Development Office (FCDO) (from 2 September 2020) will also consider: The financial capacity of the applicant to manage the size of grant applied for. The decision to retain both the International Development Committee (IDC) and the Independent Commission for Aid Impact (ICAI) is hugely important for ensuring the accountability and impact of the UK’s work overseas. DFID's approach to value for money (VfM) This document focuses on VfM of our Programme spend and does not deal with issues of Value for Money in our operating costs. Some documents can be excluded due to privacy or security risks. For S band staff, it means following procedures, being careful with resources and making sure there is no waste. Programmes will be judged against how they fit with the UK's strategic objectives, evidence of impact achieved, and whether they are value for money. h�bbd```b``V�+@$S9�d� �ǀH� �u;��&5�j���}0�& ��_�zY�l���P��H2V'���5 �@H��nb`bd`\v #����_? %PDF-1.6 %���� 274 0 obj <> endobj However, basic nutrition financing is also important. 297 0 obj <>/Filter/FlateDecode/ID[<96B44C91D1E23642B0A993DCA29954AD><8B8DFDF9A5C8EF43A0BD21B657EA6267>]/Index[274 40]/Info 273 0 R/Length 113/Prev 207008/Root 275 0 R/Size 314/Type/XRef/W[1 3 1]>>stream The total amount of money available to spend. by cscadmin | Feb 28, 2013 | Evaluation, Evaluation publications, EVALUATION REPORTS, Publications. FCDO ODA allocations for 2021/22 were announced on 21 April 2021. Identifying Methodologies for Cost Benefit Analysis and Value for Money. Value for money (VfM) is about maximising the contribution of financial resources to sustainable, effective, and equitable change for the most vulnerable and marginalised. The FCDO has focused on some crucial global challenges, including climate change and open societies, which is welcome. h�b```�M�b�� ��ea��q@��Ra]���ä;�o8u���\-��c���B8]�o��(k�k``���```TR �K8�7 ��� iQ � ��2�3��X�n�q0c�b��.�wB�UC�_)F�Y�F�vJ�-j�5�@��������>q���지43�9�f��*F � {�2� Summary; Documents (6) Transactions; Project Data Last Updated: 30/06/2016. While DFID has been the pioneer of the concept, many donors are following suit and now expect organisations they fund to be able to demonstrate VfM at … Thirdly, will she ensure that at least £680 million-worth of FCDO spend in other areas is adapted to include nutrition outcomes? UK - Foreign, Commonwealth and Development Office (FCDO) Developing Evidence Base for Delivering Sustainable and Value For Money Water, Sanitation and Hygiene Services. Note: the average annual grant value must be less than 50% of your average annual … © 2019 UK Aid Direct. At the grant set-up stage, your application on SMILE will transition to ‘set-up’ which means questions will be available related to the technical design of your project. To improve the evidence base for delivering sustainable and value for money water, sanitation and … Effectiveness: are the outputs produced by an intervention having the intended effect? Women for Women International's case study looks at how they used VfM to improve the impact of a three year rights and livelihoods project in Nigeria. Some budgets may not be shown if projects are in an active procurement phase. 313 0 obj <>stream This would be especially relevant to S band roles where goods are purchased. This updated guide explains FCDO’s approach to VfM and the inclusion of the 4th E - equity – in how a comprehensive VfM analysis should be undertaken in interventions. Value for Money . Summary; Documents (6) Transactions; Project Data Last Updated: 30/06/2016. UK - Foreign, Commonwealth and Development Office (FCDO) Enhancing the effectiveness and value for money of European external action for development results Summary; Documents (10) Transactions; Project Data Last Updated: 04/08/2019. A new report from the Legatum Institute highlights the opportunity for the Foreign, Commonwealth, and Development Office (FCDO) to improve the efficacy and value for money of Britain’s aid budget. endstream endobj startxref We want the FCDO to be an effective and impactful force for good for those that most need the UK’s support. Assessment Tool ( OCAT ) Monitoring plan by an intervention having the intended effect on FCDO funding grants multilateral! Process, led by FCDO or underperforming projects will be discussed how their submission improves value for money will... ) Monitoring plan relevant to S band staff, it means following procedures, being careful with resources making! 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