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Programme and Operations Policies and Procedures

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POPP>Administrative Services>Asset Management - Property, Plant and Equipment>Acquisition and Maintenance (Plant and Property)
Acquisition and Maintenance (Plant and Property)
1.0 Relevant Regulations and Rules
UNDP Financial Regulations & Rules

Financial Regulation 16.02 and Financial Rule 116.02.

IPSAS - 2012 Handbook of International Public Sector Accounting Pronouncement

2.0 Policies
Main Policy
Plant and Property: Acquisition and Maintenance
 Related Policies
Internal Control Framework
The ICF Operational Guide supplements this policy.

Property, Plant and Equipment (PPandE)
Furniture and Equipment: Depreciation, Reconciliations Reports and Centralized Functions
Leasehold Improvements (Acquisition and Maintenance)
Language English | Espa├▒ol | Fran├žais
Page Properties
Key Words
Focal Point
George Peradze,Vera Kirienko
Effective Date
Planned Review Date
Summary of Changes/Comments
February 11, 2021 - The Plant and Property: Acquisition and Maintenance policy is now available in Spanish. To access the document, click on the Spanish language tab.

February 14, 2020 - The UNDP Service Request Form User Guide is now linked in clause 11.b. of the policy.

February 07, 2020 - UNDP has changed its asset capitalization threshold from US $1,500 to US $5,000. This policy change will significantly reduce the volume (i.e. quantity) of assets in the asset register thereby allowing UNDP to focus attention on higher value items. The change in policy should also result in a more effective verification and certification process. Clauses 1, 3, 5 and 21 of the policy has been updated to reflect the new asset capitalization threshold.

August 23, 2019 - The Plant and Property: Acquisition and Maintenance policy is available in French. To access the document, click on the French language tab.

June 16, 2018 - The updated Plant, Property and Equipment (PP&E) section clarifies the nature of NGO involvement in Asset Management processes in response to the newly revised Programme and Project Management (PPM) chapter and also reflect the change to the asset certification process approved by the Senior management as part of the recent business streamlining initiatives.

2016 - Reviewed and edited (without substantive changes) in Q1.