4c. Budgeting system 4.11 Do the IP’s budgets lay down physical and financial The IP’s budgets lay down targets? physical and financial targets. 4.12 Are IP budgets prepared for all significant activities in IP budgets are prepared for all sufficient detail to provide a meaningful tool for significant activities in monitoring subsequent performance? sufficient detail to provide a meaningful tool for monitoring subsequent performance 4.13 Are actual expenditures compared to the budget with Actual expenditures are reasonable frequency? Are explanations required for compared to the budget with significant variations from the budget? reasonable frequency, and explanations are required for significant variations from the budget. 4.14 Are approvals required to significant variations from Approvals are required prior to the budget? significant variations from the budget. 4.15 Does the IP have a designated individual(s) responsible The IP has a designated for preparation and approval of budgets related to agency individual(s) responsible for funding? preparation and approval of budgets related to agency funding. 4.16 Are procedures in to plan activities, collect Procedures are in place to plan information from the units in charge of the different activities, collect information components and prepare the budgets? If so, please from the units in charge of the describe.
4c. Budgeting system 4.11 Do the IP’s budgets lay down physical and financial targets? The IP’s budgets lay down physical and financial targets. 4.12 Are IP budgets prepared for all significant activities in sufficient detail to provide a meaningful tool for monitoring subsequent performance? IP budgets are prepared for all significant activities in sufficient detail to provide a meaningful tool for monitoring subsequent performance 4.13 Are actual expenditures compared to the budget with reasonable frequency? Are explanations required for significant variations from the budget? Actual expenditures are compared to the budget with reasonable frequency, and explanations are required for significant variations from the budget. 4.14 Are approvals required to significant variations from the budget? Approvals are required prior to significant variations from the budget. 4.15 Does the IP have a designated individual(s) responsible for preparation and approval of budgets related to agency funding? The IP has a designated individual(s) responsible for preparation and approval of budgets related to agency funding. 4.16 Are procedures in to plan activities, collect information from the units in charge of the different components and prepare the budgets? If so, please describe. Procedures are in place to plan activities, collect information from the units in charge of the
RFPS-USA-2014-501920_ANNEX_1.docx