The use of such alternative procedures, processes, rules, and/or regulations is subject to prior mutual agreement, in writing, between the Recipient Country Government and MCC. Government Affiliates may not earn or keep any profit resulting from MCC Grant or Recipient Country financial assistance, except as authorized by the terms and conditions of the MCC Grant Agreement, including for purposes of successful implementation of a Results-Based Financing program, or as otherwise approved in writing by MCC.Ģ.1.2 The application of alternative procedures, processes, rules, and/or regulations of the Government Affiliate for MCC Grant-funded costs may be permissible, provided that such costs are not prohibited under the MCC Grant Agreement, U.S.The accounting practices of the Government Affiliate must be consistent with this Policy and support the accumulation of costs as required by this Policy, and must provide for adequate documentation to support costs charged to the MCC Grant.Each Government Affiliate, in recognition of its own unique combination of staff, facilities, and experience, has the primary responsibility for employing whatever form of sound organization and management techniques may be necessary in order to ensure proper and efficient administration of the MCC Grant and application of this Policy.Government Affiliates assume responsibility for administering MCC Grant and Recipient Country funds in a manner consistent with the terms and conditions of the MCC Grant Agreement.Government Affiliates are responsible for the efficient and effective administration of MCC Grant and Recipient Country funds through the application of sound management practices.Scope ApplicationĢ.1.1 The application of this Policy is based on the fundamental premises that: Such contracts are subject to the Cost Principles for Cost‐Reimbursement Contracts under MCC Financed Grants published on the MCC Website ( Government contributions of funding required under MCC Grant Agreements, if applicable, are governed by the MCC Guidelines for Country Contributions. This Policy does not govern costs related to cost‐reimbursement-type contracts (including those with commercial organizations or non-governmental organizations). All Government Affiliates shall prepare their cost estimates and account for expenditures consistent with the cost principles contained in this Policy. This Policy is also intended for use in: (1) preparation of budget estimates by a Recipient Country Government, for example, during Program development and design (2) negotiation of budgets between a Recipient Country Government and MCC (3) procurement and contract administration and (4) during the evaluation of Program expenditures through audits, reviews, and inspections.
This Policy also applies to a Government Affiliate’s use of alternative, non-MCC funding in furtherance of an MCC Grant, including additional Recipient Country and third-party funding, except as otherwise agreed in writing by MCC. This policy (“Policy”) sets forth the principles that govern whether an MCC Grant may fund an expense incurred in furtherance of a Program by a Government Affiliate serving as an Accountable Entity, an Implementing Entity, a Government Fiscal Agent, or a Government Procurement Agent.
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