The request for a Direct Payment is submitted using the FACE form and shall in all cases include the vendor’s complete details and banking information in a format specified by UNICEF at the time of Programme Document finalization. (e) For both Direct Payment and Reimbursement modalities, the requested expenditures should have been previously authorized through the FACE form by UNICEF. Special terms and conditions for Cash Transfer Installments: 6. Any request for a Cash Transfer Installment by the IP will fulfill the following criteria to the satisfaction of UNICEF, failing which UNICEF may decide not to honor the request in whole or in part: (a) The amount and purpose of the request will correspond to the provisions of the Programme Document, including its activities, schedule and budget; (b) The request will be reasonable and justified under principles of sound financial management, in particular the principles of value for money and cost-effectiveness; (c) There are to be no other grounds for believing the expenditure is in contravention of this Agreement, including the Programme Document; and (d) Subject to paragraph 4(d) above, prior Cash Transfer Installments will have been reported on to UNICEF’s satisfaction in accordance with Article X of this Agreement. 7. UNICEF may decide to adjust the amount of any Cash Transfer Installment where it has reason to do so, including: (a) To take into consideration the general progress made to date under the Programme Document; or (b) To offset any unspent or unreported balance remaining with the IP from any previous Cash Transfer Installment 8. UNICEF will only be required to transfer to or, where the Direct Payment modality is used, on behalf of, the IP the amount UNICEF determines is due under the terms of this Agreement. The IP agrees that UNICEF will not be liable to the IP or any third party, including the IP’s vendor or supplier, for any amounts that UNICEF determines are not in compliance with this Agreement.
The request for a Direct Payment is submitted using the FACE form and shall in all cases include the vendor’s complete details and banking information in a format specified by UNICEF at the time of Programme Document finalization. (e) For both Direct Payment and Reimbursement modalities, the requested expenditures should have been previously authorized through the FACE form by UNICEF. Special terms and conditions for Cash Transfer Installments: 6. Any request for a Cash Transfer Installment by the IP will fulfill the following criteria to the satisfaction of UNICEF, failing which UNICEF may decide not to honor the request in whole or in part: (a) The amount and purpose of the request will correspond to the provisions of the Programme Document, including its activities, schedule and budget; (b) The request will be reasonable and justified under principles of sound financial management, in particular the principles of value for money and cost-effectiveness; (c) There are to be no other grounds for believing the expenditure is in contravention of this Agreement, including the Programme Document; and (d) Subject to paragraph 4(d) above, prior Cash Transfer Installments will have been reported on to UNICEF’s satisfaction in accordance with Article X of this Agreement. 7. UNICEF may decide to adjust the amount of any Cash Transfer Installment where it has reason to do so, including: (a) To take into consideration the general progress made to date under the Programme Document; or (b) To offset any unspent or unreported balance remaining with the IP from any previous Cash Transfer Installment 8. UNICEF will only be required to transfer to or, where the Direct Payment modality is used, on behalf of, the IP the amount UNICEF determines is due under the terms of this Agreement. The IP agrees that UNICEF will not be liable to the IP or any third party, including the IP’s vendor or supplier, for any amounts that UNICEF determines are not in compliance with this Agreement.
PCA-English.docx