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Programme and Operations Policies and Procedures

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POPP>Financial Resources Management>Expense Management>Prepayments
1.0 Relevant Regulations and Rules
UNDP Financial Regulations and Rules (2012)

Financial Rule 125.11.
2.0 Policies
Main Policy
3.0 Procedures
Main Procedures

Create Prepayment

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Language English | Español | Français
Page Properties
Key Words
Focal Point
Amat O. Kebbeh
Effective Date
Planned Review Date
Summary of Changes/Comments
January 9, 2023 - The policy and procedures have been updated to reflect UNDP’s transition to its new cloud-based management platform Quantum in January 2023, replacing its previous ATLAS system.

September 30, 2022. The Prepayments policy has been updated to clarify that the requirement for a bank guarantee and limitation of 20% of the contract value is not applicable to UN Agencies.

February 23, 2022 - The Prepayments policy is now available in French. To access the document, click on the French language tab.

March 13, 2020 - The Prepayments policy is now available in Spanish. To access the document, click on the Spanish language tab.

December 01, 2015 - Content reviewed and edited (without changing substance).