oppAFYDE-FTIF-GR-POLECON-2018-cfda19.322-cid306619-instructions.docx

Embassy of the United States of America Yaounde, Cameroon

P.O. Box 817 Yaounde, Cameroon

Fiscal Transparency Innovation Fund Notice of Funding Opportunity for Fiscal and Budget Transparency in Cameroon.

Announcement Type: New Grant

Funding Amount: One Award

· Award Floor: $276,500

· Award Ceiling: $276,500

Funding Opportunity Number: AFYDE-FTIF-GR-POLECON-2018

Catalog of Federal Domestic Assistance (CFDA) number: 19.322

Announcement issuance date: Wednesday, June 27, 2018

Proposal submission deadline: Thursday, August 16, 2018 at 4:00 p.m. (Cameroon time)

Table of Contents

INTRODUCTION

The U.S. Embassy in Cameroon announces the Notice of Funding Opportunity (“NOFO”) for “Improving Fiscal and Budget Transparency in Cameroon.” The agreement awarded will use U.S. Fiscal Year 2017 Economic Support Funds.

Eligibility is limited to International accounting firms.

A cooperative agreement for up to $276,500 U.S. Dollars (USD) in FY 2017 Economic Support Funds (ESF) will be awarded for this Program. The period of performance will be eighteen (18) months. Funding authority rests in the Foreign Assistance Act of 1961, as amended.

Please read carefully the entire solicitation package, including Proposal Submission Instructions. If you plan to submit an application; there are steps that you should take immediately in order to make your submissions by the deadline.

A. PROGRAM DESCRIPTION

Cameroon fiscal and budget Transparency Project. – Fiscal Transparency Innovation Fund

One grant in FY 2017 Economic Support Funds (ESF) will be awarded under this NOFO. Applications from a single organization or a consortium of organizations will be considered.

A1. Background

Over the past six years, Cameroon has ranked consistently amongst the countries which do not meet the minimum requirements for fiscal transparency. The poor ranking is ascribed largely to the opacity of the financial information of State-owned companies, institutions and parastatals. According to the IMF, Cameroon hosts around 119 public entities and enterprises, which constitute the public sector. Over 70 percent of state-owned enterprises (SOEs) are non-commercial administrative entities charged with providing a public service. The remaining SOEs are financially autonomous and commercially oriented entities, roughly equally divided between wholly government-owned public corporations and semi-public corporations with joint public/private ownership. Together they contributed about 8% of the nation gross domestic product (GDP) in 2016.

However, Cameroon parastatals and State-owned companies are mired in a myriad of problems including but not limited to high debt, poor management and opacity on financial information. They provide jobs and services but the value added by these SOEs appears modest and their profitability continues to decline. In addition, poor financial transparency fuel corruption and embezzlement of public funds. Because of these problems, SOEs have become a burden to the State and absorb millions dollars of subsidies every year.

The continued poor performance of SOEs has been partly attributed to the complex accounting system that they use, which are sometime inadequate especially for commercial and profit-oriented SOEs. Cameroon inherited a Napoleonian accounting system after independence; newly baptized OHADA. With 14 other French speaking African countries, Cameroon uses the OHADA Uniform Act on Accounting Law and Financial Reporting (UAAFR). Although the UAAFR countries claim that the standards are in line with IFRS, the financial standards produced by Cameroon SOEs are not readable outside of Cameroon, despite efforts to translate them into international norms. Preliminary discussions with Cameroon donors indicate that if Cameroon switched from OHADA to IFRS, financial transparency will improve across the public administration and even in the private sector, making it possible for Cameroon and to SOEs in particular, to attract foreign direct investments.

A2. Purpose of Award

The purpose of this award is to enable Cameroon to meet the minimum requirements for fiscal transparency, reduce the financial opacity of state-owned companies, parastatals and listed companies, and alleviate the burden of Cameroon State in respect to these companies, and develop plans for transition and eventual adoption of International Financial Reporting Standards (IFRS). Companies listed on a stock exchange and other publicly accountable companies in the 17 West and Central African jurisdictions that are members of the Organization for the Harmonization of Corporate Law in Africa (OHADA) will begin using IFRS Standards in their consolidated financial statements from 1 January 2019. Under the new Uniform Act on Accounting Law and Financial Reporting adopted by the Council of Ministers of OHADA in 2017, unlisted companies in OHADA jurisdictions are permitted, but not required, to use the Standards. Therefore, the project aims to support but widen the application IFRS in Cameroon.

A3. Specific Objectives

· Strengthen the skills of partners including Cameroon Accounting Standard Board (CASB), the Ministry of Finance, the ministry of economy, the Douala Stock Exchange (DSX) on reporting using IFRS, the State Supreme Audit, the Audit Chambers of the Supreme Court and the National Assembly (Commission for finance and budget, the commission for economic affairs);

· Lead companies listed on the DSX, 20 Cameroonian commercial profit-oriented SOEs and private companies on a voluntary basis through pilot implementation, to the production of their first end of year financial statement using IFRS;

· Conduct a study, which will be submitted to the government and to the Parliament. This study should chart a road map towards legal adoption of IFRS; beginning with the Douala Stock Exchange as a first phase towards a transition from OHADA to IFRS.

A4. Scope of work

Owing to the lack of national expertise that can be utilized to address this immediate concern, the U.S. Embassy in Cameroon has decided to select an international and professional accounting firm with experience in the implementation of transition to IFRS at the national and corporate levels. An accounting firm may apply alone or in consortium with implementing partners. In this case, the other firm (s) will act as a sub-grantee (s) of one or more components of the projects. The international accounting firm (s) will initiate a pilot program consisting of training, production and proposal for eventual adoption of International Financial Reporting Standards (IFRS) in Cameroon.

A5. Expected Results

· International Financial Reporting Standards (IFRS) adopted in Cameroon

· Increased local capacity in using international financial standards

· Increased transparency in financial reporting

· First end of year financial statement using IFRS produced

A6. Key activities

To achieve the goals and expected results, the program could include activities cited below. Please note that these are intended to guide the applicant and are not compulsory or exclusive. The applicant may include other activities in its proposal and is encouraged to provide explanations for its rationale, which will also serve as evidence of the applicant’s experience.

· Organize training workshops for target companies, accounting bodies, government agencies, and other key stakeholders on IFRS;

· Organize national and international exchange visits for target companies, government officials, and other key stakeholders;

· Carry out a study on the process and cost of adoption and transition to IFRS which also outlines implementation plans;

· Produce the first end of year financial statements following IFRS norms ;

· Set up the best strategy to produce a road map for a transition to IFRS.

A7. Coordination and reporting

It is expected that the recipient will provide, a quarterly briefing and written progress report to the U.S. Embassy. The briefing may be in person or over the telephone, as appropriate.

A8. Marking and Branding

Recipients are expected to use the U.S. flag and acknowledge U.S. Government (USG) funding in public forums including:

· Activities, public communications, and materials partially or fully funded by the USG;

· Technical assistance, studies, reports, papers, publications, audio-visual productions, public service announcements, Web sites/Internet activities, promotional, informational, media, or communications products funded by the USG;

· Events financed by the USG, such as training courses, conferences, seminars, exhibitions, fairs, workshops, press conferences and other public activities.

The USG Grants Officer may require a preproduction review of program materials and "public communications" (documents and messages intended for external distribution, including but not limited to correspondence; publications; studies; reports; audio visual productions; applications; forms; press; and promotional materials) used in connection with this program, to review the appropriateness of using USG branding.

Any "public communication" in which the content has not been approved by the USG must contain the following disclaimer: "This study/report/audio/visual/other information/media product (specify) is made possible by the generous support of the United States Government. The contents are the responsibility of (insert recipient name) and do not necessarily reflect the views of the United States Government."

B. FEDERAL AWARD INFORMATION

B1. Available funding

Funding amount

Total available funding amount is $276,500. The U.S. Embassy reserves the right to reduce, revise, or increase proposal budgets in accordance with the needs of the program.

B2. Award Management

This award will be a cooperative agreement: the successful applicant will need to routinely collaborate with U.S. Embassy Yaounde. Specific requirements for the embassy’s substantial involvement will depend on the final statement of work but could include:

· Reviewing and approve the Recipient’s implementation work plan to achieve the expected results as described;

· Participating in the selection process of key stakeholders to be trained;

· Providing guidance related to the recipient’s implementation plan for trainings and meetings with government officials and other key stakeholders;

· Advising, reviewing, and approving final countries and institutions.

The Recipient must ensure that all funds are used in a manner consistent with U.S. Government laws on the use of foreign assistance funds, including any applicable restrictions on funding.

C. ELIGIBILITY INFORMATION

C1. Eligible Applicants

Eligibility is limited to international accounting firms with track records and 20 years’ experience in audit, and proven use of International Accounting Standards (IFRS) to fiscal transparency standards for governments, state-owned companies, parastatals and listed companies. Applicants should provide their certificate of incorporation. Firms with a prior history of poor performance of U.S. government grants are ineligible to apply for funding.

Technically eligible submissions are those which: 1) arrive electronically to grantsyaounde@state.gov by the designated deadline; 2) have heeded all instructions contained in the Notice of Funding Opportunity (NOFO), including length and completeness of submission; and 3) do not violate any of the guidelines stated in the solicitation and this document.

C2. Cost Sharing or Matching

Cost sharing or matching is not required in response to this funding announcement.

C3. Other

Applicants shall provide information that indicates experience, capacity and capability to undertake the work outlined in this notice, within the specified timelines. As part of this, the applicant is expected to provide an indication of engagements, as well as works that are currently underway, planned or completed. This is also valid in case the applicant is partnering with a sub-grantee. This will be considered in the assessment of the applicant’s related experience profile.

Please read carefully the entire announcement and follow the guidelines below before sending inquiries or submitting proposals.

Once the NOFO deadline has passed, U.S. Embassy staff may not discuss this competition with an applicant until the proposal review process has been completed.

D. APPLICATION AND SUBMISSION INFORMATION

D1. Address to request Application Package

Application packages may be downloaded from the website www.Grants.gov or from U.S. Embassy Yaounde’s website at https://cm.usembassy.gov/education-culture/small-grants-program/

If you have difficulties accessing the full information in the link or downloading the application form and guideline, please contact U.S. Embassy Yaounde, POLECON Small Grants Team by E-mail at grantsyaounde@state.gov.

D2. Content and Form of Application Submission

(a) Proposals should be submitted using the suggested template (Appendix A). If an applicant chooses not to use the template, the submitted proposal narrative should include all but not limited to the information contained in the template and should not exceed 10 pages in length (Times New Roman 12 point font, one inch margins on all sides). Proposal length does not include the budget or key personnel, which are considered annexes. Additionally, work plans, activity calendars, and/or logical frameworks will be considered as appendices to the proposal. These attachments do not count toward the page limit total however annexes cannot be relied upon as a key source of program information. The proposal narrative must be able to stand on its own in the application process.

All applications must be in English and budget amounts in U.S. Dollars.

(b) To be considered for Department of State funding, organizations must submit a complete application package including:

· Proposal narrative reflecting objectives and indicators for each year of the program period.

· Budget detail and budget narrative for each year of the program period (Appendix B).

· Signed completed Application for Federal Assistance form SF-424, SF-424A and SF424B.

(c) In addition, proposal submissions should include the following information as annex:

· A project Logical Framework Matrix (Appendix C) with SMART outcome or impact indicators as much as possible. At a minimum, each objective should have one outcome or impact indicator. Wherever POSSIBLE, baselines should be established before the start of the project.

· Resumes of key personnel

· Activities timeline (Appendix D)

· A project risk analysis (Appendix E)

· Budgets with details of any sub-agreements associated with the program, if applicable

· Most recent Negotiated Indirect Cost Rate Agreement (NICRA), if applicable

· If applicant has received $750,000 award from the US government, that year’s audit report

· A past performance reference which describes any contracts, grants, or cooperative agreements which the applicant organization has implemented (would be an asset)

Proposals should outline how the applicant will acknowledge Department of State funding. If an organization believes that publicly acknowledging the receipt of USG funding could potentially endanger the lives of the beneficiaries and/or the organization staff, invite suspicion about the organization's motives, or alienate the organization from the target population, it must provide a brief explanation in its proposal as to why it should be exempted from this requirement.

D3. Unique entity identifier (DUNS) and System for Award Management (SAM)

Each applicant (unless the applicant is an individual or Federal awarding agency that is excepted from those requirements under 2 CFR §25.110(b) or (c), or has an exception approved by the Federal awarding agency under 2 CFR §25.110(d)) is required to: (i) Be registered in SAM before submitting its application; (ii) provide a valid unique entity identifier in its application; and (iii) continue to maintain an active SAM registration with current information at all times during which it has an active Federal award or an application or plan under consideration by a Federal awarding agency. The Federal awarding agency may not make a Federal award to an applicant until the applicant has complied with all applicable unique entity identifier and SAM requirements and, if an applicant has not fully complied with the requirements by the time the Federal awarding agency is ready to make a Federal award, the Federal awarding agency may determine that the applicant is not qualified to receive a Federal award and use that determination as a basis for making a Federal award to another applicant.

(a) It is the responsibility of each applicant to ensure the appropriate registrations are in place and active. Failure to have the appropriate organizational registrations in place is not considered a technical difficulty and is not justification for an alternate means of submission.

(b) Pursuant to U.S. Code, Title 218, Section 1001, stated on OMB Standard Form 424 (SF-424), the Department of State is authorized to consolidate the certifications and assurances required by Federal law or regulations for its federal assistance programs.

(c) In accordance with 2 CFR §200.113, Mandatory disclosures, the non-Federal entity or applicant for a Federal award must disclose, in a timely manner, in writing to the Federal awarding agency or pass-through entity all violations of Federal criminal law involving fraud, bribery, or gratuity violations potentially affecting the Federal award. Non-Federal entities that have received a Federal award including the term and condition outlined in Appendix XII—Award Term and Condition for Recipient Integrity and Performance Matters are required to report certain civil, criminal, or administrative proceedings to SAM. Failure to make required disclosures can result in any of the remedies described in 2 CFR §200.338 Remedies for noncompliance, including suspension or debarment. (See also 2 CFR part 180, 31 U.S.C. 3321, and 41 U.S.C. 2313.)

D4. Submission Dates and Times

Proposals must be submitted via E-mail at grantsyaounde@state.gov.

All applications must be submitted by 4:00 p.m. (Cameroon time) on August 16, 2018. Applications received after the deadline will not be considered.

Acknowledgement receipt of applications shall be sent to applicants by E-mail.

D5. Funding Restrictions

Pre-Federal award costs are not eligible for reimbursement.

The following activities and costs are not covered under this announcement:

· Construction is not an allowable activity under this award

· Activities that appear partisan or that support individual or party electoral campaigns

· Direct support for any religious organization, to include repair or building of structures used for religious purposes

· Purchase of firearms, ammunition, or removal of unexploded ordnances

· Para-police (i.e., militias, neighborhood watch, security guards) and prison-related projects. This restriction includes no funding of any secondary need in a law-enforcement organization

· Payments for any partner government, military or civilian government employee salary or pension

· Vehicle purchases to include motorcycles. (However transportation costs will be considered.)

D6. Other Submission Requirements – Proposal Format Requirements

Do not wait until the last minute to submit your applications. Organizations not registered with SAM.gov should register well in advance of the deadline as it can take up to two weeks to finalize registration (sometimes longer for non-U.S. based NGOs to get the required registration numbers). Organizations based outside the United States must also request and receive an NCAGE code prior to registering with SAM.gov. Applicants experiencing technical difficulties with the SAM registration process should contact the Federal Service Desk (FSD) online or at 1-866-606-8220 (U.S.) and 1-334-206-7828 (International).

Prospective applicants who find difficulties downloading full application documents or who have questions concerning the content of this NOFO should send their requests by E-mail at grantsyaounde@state.gov.

E. APPLICATION REVIEW INFORMATION

E1. Criteria

Applications will be reviewed in two phases according to their administrative compliance and their quality assessment. Applicants who not meet the required professional and technical competence will be excluded from further consideration. Eligible submissions will be those that comply with the criteria and requirements included in this announcement.

· Administrative compliance

The application must be submitted using requested and suggested forms within the announcement’s deadline and applicants must also submit all the supporting required documents.

· Technical assessment (50 points)

Assessment will be conducted on a scale from 0 to 50 points and recommendation for an award will be based on highest scores and total program funding:

· Project justification, goals and benefits (10 points)

Propose a clear and realistic implementation plan to address the Program Goals in section A.3. The strategy to conduct the project will contribute to its success by significantly contributing to fiscal transparency in Cameroon.

· Strategy and sustainability (15 points)

The applicant should demonstrate a high degree of key stakeholder’s involvement to develop, implement, and monitor the project to assure successful completion and sustainability. The proposal of the applicant contains a concrete and realistic strategy for follow-up to assure sustainability beyond project completion. Discuss how progress towards the expected results will be measured, as outlined by the Performance Indicators in Section A.5. Identify which performance indicators will be measured and how data on these results will be collected, analyzed, and used for program management.

· Budget and budget justification (10 points)

The budget should present a systematic analysis of the use of funds. Proposals keep estimated overhead and administrative costs as low as possible and have proposed expenditures that are reasonable, allowable, and allocable to the proposed project activities. Budgets (both narrative and detail) submitted should follow the indicative budget format provided on Excel spreadsheets.

· Organizational capacity and experience (10 points)

Applicants must show capacity to implement the scope and scale of the proposed work and the ability to successfully complete the project within the proposed budget and timeline. Organizations that have previously carried out similar projects with a proven track record of project completion may be ranked higher during the evaluation process.

· Timeline and Readiness (5 points)

Project timeline should be feasible, appropriate and connected to project goals and budget. Readiness is the degree to which the project is ready for implementation in terms, willingness, designs, and authorizations.

E2. Review and Selection Process

U.S. Embassy Yaounde will conduct a formal competitive review of all proposals submitted in response to this funding announcement. A review panel of at least three people will evaluate the proposals based on the above-referenced programmatic criteria and goals.

The Review Panel may provide conditions and recommendations on applications to enhance the proposed program, which must be addressed by the applicant before further consideration of the award. To ensure effective use of available funds, conditions or recommendations may include requests to increase, decrease, clarify, and/or justify costs and program activities.

E3: Additional information concerning awards greater than $150,000

(i). The Federal awarding agency, prior to making a Federal award with a total amount of Federal share greater than the simplified acquisition threshold, is required to review and consider any information about the applicant that is in the designated integrity and performance system accessible through SAM (currently FAPIIS) (see 41 U.S.C. 2313);

(ii). The applicant, at its option, may review information in the designated integrity and performance systems accessible through SAM and comment on any information about itself that a Federal awarding agency previously entered and is currently in the designated integrity and performance system accessible through SAM;

(iii). The Federal awarding agency will consider any comments by the applicant, in addition to the other information in the designated integrity and performance system, in making a judgment about the applicant's integrity, business ethics, and record of performance under Federal awards when completing the review of risk posed by applicants as described in §200.205 Federal awarding agency review of risk posed by applicants.

F. FEDERAL AWARD ADMINISTRATION INFORMATION

F1. Federal Award Notices

The award shall be written, signed, awarded, and administered by the Grants Officer subsequent to the panel review and selection of proposals. The Grants Officer is the Government official delegated the authority by the U.S. Department of State Procurement Executive to write, award, and administer grants and cooperative agreements. The assistance award agreement signed by the Grants Officer is the authorizing document and it will be provided to the recipient electronically through SAMS Overseas, by E-mail or in person at the U.S. Embassy Yaounde premise. Organizations whose applications will not be funded will also be notified in writing.

Issuance of this NOFO does not constitute an award commitment on the part of the Government, nor does it commit the Government to pay for costs incurred in the preparation and submission of proposals. Further, the Government reserves the right to reject any or all proposals received.

F2. Administrative and National Policy Requirements

Prior to submitting an application, applicants should review all the terms and conditions and required certifications which will apply to this award to ensure that they will be able to comply. These include 2 CFR 200, 2 CFR 600, as well as the certifications and assurances and the Department of State Standard Terms and Conditions, all of which are available through the State Department’s procurement website at: https://www.state.gov/m/a/ope/index.htm.

Applicants should plan to coordinate with the U.S. Embassy in Cameroon throughout the course of the agreement to ensure assistance is provided only to eligible participants.

Banking Requirements If the award is approved, payments will be made through Electronic Funds Transfer (EFT).

F3. Reporting

Successful applicants will be required to submit:

(a) Program Reports: U.S. Embassy Yaounde requires quarterly program reports describing and analyzing the results of activities undertaken during the validity period of the agreement. A program report is required within thirty (30) days following the end of each three month period of performance during the validity period of the agreement. The final program report is due ninety (90) days following the end of the agreement. Quarterly progress briefs are also required. The submission dates for program reports will be written into the award provisions. All reports must be written in English and submitted by E-mail. Analytic reports intended for a public audience must be written in French, with a summary in English.

The Performance Progress Report (SF-PPR) is a standard, government-wide performance reporting format. Recipients of Department of State funding must submit the signed SF-PPR cover page with each program report.

(b) Financial Reports: The Recipient is required to submit quarterly financial reports throughout the project period, using Form FFR SF-425, the Federal Financial Report form, as well as forms suggested by the Grants Officer Representative. Financial reports are required within thirty (30) days following the end of each calendar year quarter during the validity period of the agreement (January 30th, April 30th, July 30th, October 30th). The final financial report covering the entire period of the agreement is required within ninety (90) days after the expiration date of the agreement. For agreements containing indirect costs, final financial reports are due within sixty (60) days of the finalization of the applicable negotiated indirect cost rate agreement (NICRA).

Reports reflecting expenditures for the overseas recipient and United States offices should be completed in accordance with the Federal Financial Report (FFR SF-425) and in accordance with other award specific requirements. Form FFR (SF-425) can be found on OMB’s website here: https://www.grants.gov/web/grants/forms/post-award-reporting-forms.html#sortby=1.

G. FEDERAL AWARDING AGENCY CONTACT(S)

Applicants with technical questions related to this announcement should contact the staff listed below prior to proposal submission. Please note that responses to technical questions do not indicate a commitment to fund the program discussed.

H. OTHER INFORMATION—OPTIONAL

H1. Conflict of Interest

In accordance with applicable Federal awarding agency policy, applicants must disclose in writing any potential conflict of interest to the Federal awarding agency or pass-through entity.

H2. Applicant Vetting

Applicants are advised that proposals will be evaluated against the potential risk that federal funds may inadvertently be passed to the wrong hands and that funds may benefit terrorists groups or their supporters. Applicants may be asked to submit Risk Analysis Information, about their company and its principal personnel. Vetting information is also required for all sub-award performance on assistance awards identified by the U.S. Embassy as presenting a risk of terrorist financing. When vetting information is requested by the Grants Officer, information may be submitted via E-mail or hardcopy to the Grants Officer.

H3. Marking Policy

Applicants are advised that recipients and sub-recipients of Federal assistance awards are subject to the State Department’s Marking Policy. More information on this policy can be found here: http://fam.a.state.sbu/fam/10fam/10fam0410.html.

H4. Evaluation Policy

Applicants are advised that recipients and sub-recipients of Federal assistance awards are subject to the Department of State Evaluation Policy. More information on this policy can be found here: http://www.state.gov/s/d/rm/rls/evaluation/2015/236970.htm

APPENDICES

Appendix A: Suggested Application Form and completed and signed SF-424, SF-424A and SF424B

Appendix B: Budget

Appendix C: Logical Framework Matrix

Overall Goal

Specific Objective (s)

Results

Appendix D: Activity Timeline (for the first 12 months)

All proposals should use the following sample activities timeline.

Project Activities

September 2018 –August 2019

Phase I

Activity 2 and 3

Phase II

Activity 4

Activity 5 and 6

Activity 7 and 8

X

Activity 9

Phase III

Activity 10

Activity 11

X

Writing Final Report

X

Evaluation

X

Appendix E: Risk Analysis

The purpose of the risk analysis is to identify the internal and external risks associated with the proposed project in the application, rate the likelihood of the risks, rate the potential impact of the risks on the project, and identify actions that could help mitigate the risks. A risk analysis should not be considered a one-time exercise or a static document. Organizations should conduct adequate risk analysis and remediation for all of its operations and advises that risk analysis and remediation occur throughout the life of a project and should result in revisions to risk analysis documents and processes as necessary.

A suggested format for a risk analysis document is below. Applicants should include all assumptions and external factors identified in the logic model in the risk analysis. Under “Description of Risk,” the risk analysis should address any risk of fraud and corruption, as well as assess the level of risk that the proposed program may inadvertently benefit terrorists or their supporters. Under “Likelihood of Risk” and “Potential Impact of Risk,” applicants should rate the as “High,” “Medium,” or “Low.” Additional lines can be included in the risk analysis table as necessary.

The safety and security of recipients and beneficiaries are of utmost importance. The Embassy requires all recipients to conduct thorough risk assessments and take all actions necessary in accordance with those assessments to mitigate those risks. The Embassy will not take responsibility for the risks incurred by any recipient.

Risks affecting realization of project objectives

Risks affecting realization of project outcomes/outputs

Risks affecting the organization

Risks affecting security and safety of personnel

Appendix F: Others

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