Steps

Conduct due diligence and complete the mandatory Risk Assessment Tool (RAT)

Responsible Party

Programme/project manager of the unit initiating the partnership ensures the risk assessment is done in an appropriate manner

Template/Guideline

Explanatory Notes

The Business Unit Initiating the partnership, conducts analysis, completes the RAT and makes a recommendation to engage or refrain from engaging. Refer to Private Sector Resource Mobilization for additional information.

Steps

Develop risk log, monitoring plan and communications material

Responsible Party

Initiating Business Unit – Project/Programme Manager

Template/Guideline

Explanatory Notes

•  Document the identified risks into a risk log. If the partnership is part of a project that already has a risk log, these risks can be added into the existing mechanism. In low-risk and short-term partnerships the project manager may decide that a risk log is not needed.
• Monitoring activities to screen publicly available information relating to the partner and the industry as well as assessing whether the partner is meeting the conditions (if any) of the partnership.
• The communications materials covers the basic details about the partnership and should address the main risks identified during the risk assessment process

Steps

Decision making

Responsible Party

For Low-Risk: RR for CO level partnerships; relevant Bureau Director for regional and global level partnerships,

For Moderate/Substantial Risk: Relevant Bureau Director for CO, regional and global level partnership,

For High-Risk: Corporate Risk Committee

Template/Guideline

Explanatory Notes

For moderate, substantial and high risk cases the CO, Regional or HQ PSDD Committee provides quality assurance and advisory support to the relevant decision maker.

See HQ Private Sector Due Diligence Committee Archives.

​Refer to Policy on Due Diligence and Partnerships with the Private Sector for further clarification.

Steps

Upload signed Risk Assessment Tool

Responsible Party

Initiating Business Unit – Project/Programme Manager

Template/Guideline

Explanatory Notes

Upload completed and signed Risk Assessment tool in the Private Sector Due Diligence Data base

Steps

Monitoring the partnership, managing risks, reporting

Responsible Party

Initiating Business Unit – Project/Programme Manager

Template/Guideline

Explanatory Notes

Initiating business unit conducts monitoring on a regular basis. 

​Refer to Policy on Due Diligence and Partnerships with the Private Sector for further clarification.

Steps

Spot-check

Responsible Party

La Oficina Regional competente para la Diligencia Debida llevada a cabo por la Oficina Nacional,

BPPS Effectiveness Group will organize independent assessment for Due Diligence conducted by Regional and Central Bureaus

Template/Guideline

Explanatory Notes

​Refer to Policy on Due Diligence and Partnerships with the Private Sector for further clarification.