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TECHNICAL ASSISTANCE FUND IIB– Slovak Republic

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Presentation on theme: "TECHNICAL ASSISTANCE FUND IIB– Slovak Republic"— Presentation transcript:

1 TECHNICAL ASSISTANCE FUND IIB– Slovak Republic
DEPARTMENT FOR INTERNATIONAL FINANCIAL INTEGRATION April 2017

2 AIM: Introducing : TECHNICAL ASSISTANCE FUND
to provide an overview of the Technical Assistance Fund in IIB; understand the process of reviewing applications and issuing funds; identify which departments are involved, and require support; discuss definitions and how best to structure IIB’s approach to reviewing projects; achieve the successful implementation of such which in turn IIB can replicate with regards to our Member States (RF);

3 TECHNICAL ASSISTANCE FUND – WWH?
WHAT? - A special-purpose fund established within the IIB, pursuant to its statutory documents and the agreement with the Ministry of Finance of the Slovak Republic, aimed at financing technical support for countries within IIB’s operations; WHY? - Countries (Slovakia) provides ODA UN Target - 0,7% of Gross National Income. The TAF counts towards 0,7%. ODA needs to contain the three elements: (a) undertaken by the official sector (official agencies, including state and local governments, or their executive agencies) (b) with promotion of economic development and welfare as the main objective; and; (c) at concessional financial terms (if a loan, having a grant element of at least 25 per cent) HOW? – This presentation is an overview of the procedure and HOW to disburse funds: Examples -

4 TECHNICAL ASSISTANCE FUND - Process
Project Funnel Award/ Work on TAF project begin Application for TAF Review application & Creation of ToR EOI Applications 14-30 Days Long list/ short list RFP days Submission 3-6 consultants offers Final points based assessment Departments IFI Client/ ERO Compliance Legal Procurement EUR 1,25M

5 TECHNICAL ASSISTANCE FUND: Procedure
The IIB shall proactively look for projects in the first instance/ shall receive requests for technical assistance projects: The project shall be initially reviewed by on the basis of whether it meets the basic criteria to be processed as a TAF project: Collection of the information and preparation of the Terms of Reference ToR describing the project, and laying out the objectives, scope of work, budget deliverables and timeline for the project: The ToR is submitted to the Procurement Committee. Upon approval of the TOR and budget by the PC, the Responsible Division shall submit them to the Ministry of Finance of the Slovak Republic for approval: IIB advertises the TOR for required consultancy services on its website -The Bank may also publish EOIs on other public sites and send out invitations for EOIs by means of electronic communication to Consultants: Consultants are given between 14 and 30 calendar days from the date of publishing the Bank’s respective advertisement to submit their expressions of interest (EOIs). 1 month

6 TECHNICAL ASSISTANCE FUND: Procedure (Cont.)
15 days Preparation of the long list: a long list of Consultants based on EOIs received by means of electronic communication: Preparation of the Shortlist: The Shortlist is prepared based on a long list, in accordance with the criteria specified in the advertisement. The Shortlist includes at least three but not more than six candidates meeting the qualification criteria of skilled Consultants. It includes Consultants from IIB member states: Preparation and approval of an RFP: The Bank utilizes a standard RFP: Approval of the Shortlist of Consultants and RFP: Send the RFP to Consultants from the Shortlist. The Bank may use means of electronic communication to send out RFPs

7 TECHNICAL ASSISTANCE FUND: Procedure (Cont.)
1 month Consultants shall submit technical and financial proposals in separate sealed envelopes at the same time (between 14 and 30 calendar days from sending the RFP): After the evaluation of technical proposals, the Bank shall inform Consultants whose technical proposals received 75 and more points about the time, date and place of meeting of the Procurement Committee at which their financial proposals are to be opened. Contract award publication: Upon signing the contract, the Bank shall publish the necessary information on its website NB: The TOTAL PROCESS SHOULD NOT TAKE LONGER THAN 2 ½ months from decision to support a project to the point of disbursing the monies – taking into account 2 periods of days


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