1. Ms. Tunnie Srisakulchairak
Budget Preparation
Ms. Tunnie Srisakulchairak
UN Environment

2. What is budget?
total “projected” cost to complete/achieve a project during a specific period of time with specific results.

3. Items in the budget Project Management Cost Project Activity
Budget Notes

4. Project Management Cost (PMC) up to 7
Project Management Cost (PMC) up to 7.5% of the total budget + contingency

5. Personnel Project staff – monthly and full time basis Coordinator
Technical specialists
Administrative and fund manager
Assistant
Local consultant – daily/monthly/by outputs
Resource persons
Develop technical reports
International consultant - daily/monthly/by outputs

6. Operation Office supplies IT equipment Travel – local & international
Printing & communications
Audit fees and M&E
Office Rent

7. Project Activity

8. Activities Organization of workshops/trainings/consultations
Meeting room
Related meals and coffee breaks
Meeting per-dium/DSA
Development of technical/policy reports
Data Collection and research
Contractual services
companies/firms
Research centres/universities

9. Budget notes

10. Contingency – 5% (cannot be reprogrammed)
Delivery partner fee – up to 8.5% (calculated on the total budget (total activity + PMC + Contingency)

11. Co-funding/Co-financing : ‘resources that are additional to the GEF grant and that are provided by the GEF Partner Agency itself and/or by other non-GEF sources that support the implementation of the GEF- financed project and the achievement of its objectives’.
In-kind contribution
Financial Instrument
Amount
Currency
Name of Institution
Tenor
Pricing
Seniority
Options
……………
………………
( ) years
( ) %
( ) % IRR
Lead financing institution: ………………………
* Please provide a confirmation letter or a letter of commitment in section I issued by the co-financing institution.
Source: GCF template