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​Since 2016 (date of the last review) the EU has introduced different contractual templates (i.e. second version of the EU Pillar-Assessed Grant or Delegation Agreement -PAGoDA 2 and the EU Contribution Agreement). In view of this, the guidelines on EU reporting have been modified to reflect the different contractual scenarios. In both the PAGoDA2 and the EU Contribution Agreement, the choice of the currency of the agreement is at the discretion of the Organisation, i.e. UNDP (not the EU). As a matter of priority, all UNDP contracts should be in US$ whenever possible.