December 13, 2023 -
The Prepayments policy and the Create Prepayment procedure have been updated to reflect the recent technical solution in Quantum which has resolved double encumbrance of resources in the processing of prepayments.
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January 09, 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.
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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.
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February 23, 2022 -
The Prepayments policy is now available in French. To access the document, click on the French language tab.
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March 13, 2020 -
The Prepayments policy is now available in Spanish. To access the document, click on the Spanish language tab.
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December 01, 2015 -
Content reviewed and edited (without changing substance).
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