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Policy Areas

Acquisition and Maintenance (Furniture and Equipment)

Effective Date

Feb 14, 2020

Summary of Changes

The UNDP Service Request Form User Guide is now linked in clause 9 of the policy.

Property, Plant and Equipment

Effective Date

Feb 07, 2020

Summary of Changes

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, 4, and 5 of the policy has been updated to reflect the new asset capitalization threshold.

Depreciation, Reconciliations Reports and Centralized Functions (Plant and Property)

Effective Date

Feb 07, 2020

Summary of Changes

The term GSSU replaced GSSC in clause 5 of the policy.

Disposal and Write-Off (Plant and Property)

Effective Date

Feb 07, 2020

Summary of Changes

Two terms changed throughout the updated policy: GSSU replaced GSSC while DMS changed to UNDP Service Request Portal.
Additionally, the Asset Disposal Authority has increased from US $2,500 to US $5,000. Clause 4 has been updated accordingly. 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.

Depreciation, Reconciliations Reports and Centralized Functions (Leasehold Improvements)

Effective Date

Feb 07, 2020

Summary of Changes

Two terms changed throughout the updated policy: GSSU replaced GSSC while DMS changed to UNDP Service Request Portal.

Acquisition and Maintenance (Leasehold Improvements)

Effective Date

Feb 07, 2020

Summary of Changes

Two terms changed throughout the updated policy: GSSU replaced GSSC while DMS changed to UNDP Service Request Portal.

Depreciation, Reconciliations Reports and Centralized Functions (Furniture and Equipment)

Effective Date

Feb 07, 2020

Summary of Changes

Two terms changed throughout the updated policy: GSSU replaced GSSC while DMS changed to UNDP Service Request Portal.

Intangible Assets : Amortizations, Reconciliations, Reports and Centralized Functions

Effective Date

Feb 07, 2020

Summary of Changes

The term GSSU replaced GSSC in clauses 8 and 11 of the policy.

Intangible Assets: Acquisition, Development and Maintenance

Effective Date

Feb 07, 2020

Summary of Changes

Two terms changed throughout the updated policy: GSSU replaced GSSC while DMS changed to UNDP Service Request Portal.

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