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Policy Areas

GMS Fee Set-up and Collection

Effective Date

Feb 09, 2023

Summary of Changes

The Guidance Note on GMS setup in Quantum has been updated in procedure step 2 and step 6 to incorporate how to set up GMS share with COs for the global or regional projects, revising the GMS rate of a current project and impact of incorrect exchange rate applied to the GMS on payment in non-USD currency if using different Expenditure Item Date than the Invoice Date