Regional : Integrated Fiduciary Risk Assessments and Strengthening Country Systems
In alignment with ADB's Strategy 2030 Operational Priority 6 (OP6) - Strengthening Governance and Institutional Capacity, this TA will contribute to strengthening selected developing member countries (DMC) public financial management (PFM) and procurement systems by (i) developing a methodology for conducting integrated fiduciary risk assessments (IFRAs) at the country, sector, and agency levels that can contribute to ADB's country partnership strategies (CPSs); (ii) testing the methodology in selected DMC CPS processes and financing DMC and/or donor-led fiduciary assessments; and (iii) supporting specific strengthening activities in response to identified weaknesses.
Project Details
-
Project Officer
Kaizeler, Maria Joao
Procurement, Portfolio and Financial Management Department
Request for information -
Country/Economy
Regional -
Sector
- Public sector management
- Project Name
- Integrated Fiduciary Risk Assessments and Strengthening Country Systems
- Project Number
- 54162-001
- Country / Economy
- Regional
- Project Status
- Active
- Project Type / Modality of Assistance
- Technical Assistance
- Source of Funding / Amount
-
TA 6582-REG: Integrated Fiduciary Risk Assessments and Strengthening Country Systems Source Amount Technical Assistance Special Fund US$ 2.00 million TA 6582-REG: Integrated Fiduciary Risk Assessments and Strengthening Country Systems Source Amount Technical Assistance Special Fund US$ 600,000.00 - Operational Priorities
- OP1: Addressing remaining poverty and reducing inequalities
- OP2: Accelerating progress in gender equality
- OP6: Strengthening governance and institutional capacity
- Sector / Subsector
Public sector management / Public expenditure and fiscal management
- Gender
- Some gender elements
- Description
- In alignment with ADB's Strategy 2030 Operational Priority 6 (OP6) - Strengthening Governance and Institutional Capacity, this TA will contribute to strengthening selected developing member countries (DMC) public financial management (PFM) and procurement systems by (i) developing a methodology for conducting integrated fiduciary risk assessments (IFRAs) at the country, sector, and agency levels that can contribute to ADB's country partnership strategies (CPSs); (ii) testing the methodology in selected DMC CPS processes and financing DMC and/or donor-led fiduciary assessments; and (iii) supporting specific strengthening activities in response to identified weaknesses.
- Project Rationale and Linkage to Country/Regional Strategy
- The delivery of efficient and effective services by state institutions to its citizens requires robust country fiduciary systems. Ensuring that ADB projects utilize such country systems effectively is one of the three strategic pillars of the OP6 operational plan, which notes the need to help DMCs identify issues constraining their country systems and commits ADB to accelerate its support to strengthen them. This TA will help strengthen DMCs' fiduciary systems and capacity, increasing the possibility that ADB and other development partners will be able to utilize country systems in their operations.
- Impact
Governance and institutional enabling environment for sustainable growth improved
Project Outcome
- Description of Outcome
Performance of fiduciary systems and institutions in selected DMCs strengthened.
- Progress Toward Outcome
Implementation Progress
- Description of Project Outputs
Fiduciary assessments conducted in selected DMCs.
Country-led fiduciary assessments and DMC systems' strengthening initiatives supported.
DMC institutional capacity on financial management and procurement strengthened.
- Status of Implementation Progress (Outputs, Activities, and Issues)
- Geographical Location
- Regional
Summary of Environmental and Social Aspects
- Environmental Aspects
- Involuntary Resettlement
- Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
- During Project Design
- During Project Implementation
Contact
- Responsible ADB Officer
- Kaizeler, Maria Joao
- Responsible ADB Department
- Procurement, Portfolio and Financial Management Department
- Responsible ADB Division
- PFFM1
- Executing Agencies
-
Asian Development Bank
Timetable
- Concept Clearance
- 26 Aug 2020
- Fact Finding
- 15 Jul 2020 to 15 Oct 2020
- MRM
- -
- Approval
- 21 Oct 2020
- Last Review Mission
- -
- Last PDS Update
- 23 Mar 2021
Funding
TA 6582-REG
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 21 Oct 2020 | - | 21 Oct 2020 | 31 Dec 2024 | - | - |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 2,600,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,600,000.00 |
| Date | Amount |
|---|---|
| 11 Jul 2024 | 1,773,143.22 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| Integrated Fiduciary Risk Assessments and Strengthening Country Systems: Technical Assistance Report | Technical Assistance Reports | Oct 2020 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
Tenders
Contracts Awarded
| Contract Title | Approval Number | Contract Date | Contractor | Address | Executing Agency | Total Contract Amount (US$) | Contract Amount Financed by ADB (US$) |
|---|---|---|---|---|---|---|
| Capacity Development Technical Assistance | Technical Assistance 6582 | 01 Feb 2024 | Institute of Chartered Accountants in England and Wales (U.K.) | Chartered Accountants' Hall, Moorgate Place, London EC2R 6EA, United Kingdom | Asian Development Bank | 149,980.00 | — |
| KSTA | Technical Assistance 6582 | 20 Jul 2021 | CROWN AGENTS LIMITED | ST. NICHOLAS HOUSE, ST. NICHOLAS ROAD SUTTON, SURREY SM1 1EL UNITED KINGDOM, or Blue Fin Building London United Kingdom | Asian Development Bank | 258,360.00 | — |
Procurement Plan
None currently available.