1 |
StepsIssuance of GLOC targets to country offices |
Responsible Party
|
Template/Guideline |
Explanatory NotesGLOC target tables which will include GLOC targets in cash and GLOC in-kind contributions |
2 |
StepsCountry Office determines the approach for market valuations, and assesses whether an independent valuation is required |
Responsible Party
|
Template/Guideline |
Explanatory Notes |
3 |
StepsRequest host governments to provide the most recent valuation of office premises, if any |
Responsible Party
|
Template/Guideline |
Explanatory Notes |
4 |
StepsCollect market-based evidences to examine the current market prices for similar buildings that are available for a sale or a lease |
Responsible Party
|
Template/Guideline |
Explanatory NotesAnnex 3 – template to summarize market evidences |
5 |
StepsSubmit annual certification form to OFM |
Responsible Party
|
Template/Guideline |
Explanatory NotesThis template will be incorporated in the annual certification on donated right to use assets to OFM |
6 |
StepsHire an independent appraiser, if an independent valuation is required |
Responsible Party
|
Template/Guideline |
Explanatory NotesUNDP procurement procedures |
7 |
StepsSubmit final valuation report to HQ & annual certification form |
Responsible Party
|
Template/Guideline |
Explanatory Notes |
8 |
StepsFinal validation of valuation of in-kind GLOC contribution and financial statement entries for in-kind contributions |
Responsible Party,
|
Template/Guideline |
Explanatory NotesUNDP’s share attributable towards the core institutional operating expenses will be the basis for GLOC in-kind entry GLOC performance tables |
9 |
StepsInform host government on any remaining cash obligations |
Responsible Party,
|
Template/Guideline |
Explanatory Notes |