1. UN – WB Fiduciary Principles Accord
DC/SS: Para 3.6, 3.9, 3.10 of the Procurement Guidelines and Para. 3.10, 3.15, 3.17 of the Consultants.
EOI will be launched within a month, need to agree with GSD on who
maintains and update the list annually.
Only at the start up stage limited to TA and small goods and works contracts.. Define small ( $300k and 500 k for Goods and Works contracts respectively?
A framework agreement when the UN is 1) a grant recipient, 2) consultant (procurement agent), and supplier.
COI: when UN design the project with the Bank
Contract provisions: liability, review requirement, F&C.
OPCPR
Fiduciary Forum
March 3, 2010

2. Over-riding Principles
More effective and sustainable response to crisis and post-crisis situation
facilitate timely UN implementation of urgent ‘early phase’ activities in weak- capacity environments under TFs administered by the Bank
Complimentarity and inter-dependence
Permits participating UN agencies to rely on their own requirements when implementing recovery activities based on representations provided by each FPA signatory agency re soundness of its internal standards and practices
National Leadership
( Government with Oversight committee)
Fiduciary Forum 2010
1/11/2019

3. FPA: Expected Outcomes
More effective and timely commencement and implementation (by UN or WB) of recovery activities supported by MDTFs
Timely conclusion of legal agreements based on an agreed template that allows each organization to implement such activities using own fiduciary rules & procedures
Consistent reporting on use of funds and implementation progress against expected outcomes & results
Enhanced donor role in approval and oversight (reflected in Administration Agreements that provide for the FPA)
Fiduciary Forum 2010
1/11/2019

4. Bank UN
Government
Disbursement of funds in accordance with DA Terms
Implementation of approved projects using its own rules
Complying with its more general obligations vis a vis the government under its framework agreement
Review and approval of project proposals that involve UN implementation
Monitoring of UN compliance with its periodic reporting obligations (financial and progress/results reports)
Submission of periodic financial and progress/results reports to the Bank as specified in the DA
Review of periodic progress and financial reports submitted by UN through the Bank
Invoking and participating in process for addressing serious issues (including fraud and corruption)
Invocation of internal UN process for addressing any serious issues (including fraud and corruption) and participation in joint review with the Bank relating to such issues as necessary
Activation and follow up on joint review mechanism for addressing serious issues (including fraud and corruption)
Invoking appropriate remedies in consultation with TF Donors
Taking “due regard” of the Bank’s debarment decisions in the context of contracting under Bank-administered funds to which FPA applies
Invocation of appropriate remedies

5. Treatment of F/C and other Serious Issues
Three-pronged approach:
F/C standards amongst the shared standards that underpin the FPA
Agreement on a process for notification, reporting, consultations and remedies for addressing F/C allegations
Agreeing to give “due regard” to each other’s debarment or disqualification decisions and the right to refuse payment to debarred firms.
Fiduciary Forum 2010
1/11/2019

6. Agreed Process for Adderssing F/C
notification and sharing of information pertaining to handling of allegations or other complaints or issues;
Sharing of periodic progress reports on how the allegations are being handled using grant recipient’s own internal procedures;
a mechanism for elevating issues to the senior management of the relevant organizations; and
the application of remedies (i.e., suspension, termination, or refund of recovered amounts), where appropriate, and where triggered by the MDTF governing body.
Fiduciary Forum 2010
1/11/2019

7. Useful Links….
Guidance note on procurement under OP8.0.
List of regional procurement focal points.
List of pre-identified procurement agents.
Template for use of UN agencies- as suppliers.