The resources of UNDP that are comingled and untied. These will include voluntary
contributions, contributions from other governmental, intergovernmental or nongovernmental sources and related interest earnings and miscellaneous revenue.
The process, conducted by the RFP evaluation committee in HQ or a country office, with specific steps and procedures prescribed in the RFP for Banking Services and Guidelines to assess the type and quality of services offered by banks within a local environment. The objective of the RFP is to select a bank, among the banks that are evaluated, to provide banking services based on the business requirements of UNDP HQ and/or country offices and based on UNDP procurement principle of the best value for money.
Refers to the financial contribution to a government budget, managed in a national account by a government entity for a specific set of sector or programme results.
Signatories are staff who have been designated by the Treasurer to operate UNDP bank accounts. The Signatory Panel for any UNDP bank account is made up of those individuals designated by the Treasurer or under the delegated authority, by the Resident Representative to operate that UNDP bank account.
Categories of costs of a cross-cutting nature that (a) involve material capital
investments, or (b) do not represent a cost related to the management activities of the organization.