The Panama Programme Fund will seek to create the right conditions for growth in Panama, seeking to deliver real, measurable outcomes in support of development in the country. Our priorities include improving the business environment, supporting infrastructure development and improving the regulatory environment in the financial services sector. Over time we expect these reforms to create opportunities for international companies, including UK companies.
Typical projects should range in value between £20,000 and £60,000 (with a minimum bid size of £5,000) and should aim to work with organisations from the government, civil society and the private sector. Projects must have completed 90% of spend by the 31 December 2017, and completed all activity by the 30 March 2018.
Official Development Assistance
All expenditures must qualify as ODA. Official Development Assistance (ODA) is a term created by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to measure aid. ODA should be undertaken by the official sector (official agencies, including state and local governments, or their executive agencies) and has promotion of economic development and welfare as the main objective.
We are looking for project bids which address any of the following:
Anticorruption and Transparency – Supporting Panama’s work to improve transparency in the country, working towards international standards and initiatives and delivering on its Open Government Partnership commitments, for example around open data and citizen participation.
Ease of doing business – tackling red tape and improving government processes, making it easier to bring goods into and out of the country.
Project planning/delivery – improve the strategic planning, financing and delivery of Panama’s infrastructure, including through the use of Public-private Partnerships.
Smart Cities – increase the use of ‘smart city’ techniques and technologies, helping Panama use technology to improve its infrastructure delivery.
International standards – to support Panama’s response to November’s report by the Committee of Independent experts on Panama’s financial sector, and the continued adoption of international standards and norms in the financial services sector.
Regulation and enforcement – To provide capacity building and advice on developing and enforcing financial services regulation.
How to bid: General Guidance on Project Proposals
The bidding process is in two stages: a concept bid and full bid stage.
Only bids approved through the concept stage will be considered for full bids. Implementers will be advised if a concept bid has been accepted and called to present a full bid.
The project proposal in the concept bid form should be submitted in English with the title “ The Panama Programme Fund 2017: XXX name of the implementer”, to Panama.Prosperity@fco.gov.uk. Deadline to submit concept bids is 19 March 2017.
- Those bids agreed by the Board at the Concept stage will be invited to submit a full bid. The project proposal in the bid form (including an Activity Based Budget) should be submitted in English with the title “Panama Programme Fund 2017: XXX name of the implementer”, to Panama.Prosperity@fco.gov.uk.. Deadline for submission is 16 April 2017.
More information and documents
The FCO will sign a standard grant contract with all successful bidders. The terms of the contract and standard grant agreement are not negotiable
Please read all guidance and ensure that project proposals are designed and submitted in accordance with it. Proposals that do not meet the criteria and guidance will be rejected
Project Concept Form
Proposal Form - £10k to £80k
Project Proposal Form £10k to £80k - Guidance for Implementers
Proposal Form - over £80k
Project Proposal Form over £80k - Guidance for Implementers
Proposal Form Under £10k
Activity Based Budgeting Guidance
Grant Contract Short
|20 February 2017
||Announce request for submission of Concept Bids
|19 March 2017
||Deadline for Implementers to submit Concept Bids
|24 March 2017
||First Post Board Meeting
|27 March 2017
||Post notification to Implementers announcing results of Concept Bids
|16 April 2017
||Deadline for Implementers to submit Full Bids (including a final Activity Based Budget)
|21 April 2017
||Post Board Meeting
|24 April 2017
||Post notification to Implementers announcing results of bidding round
|28 April 2017
||Contracts and financial arrangements made
|1 May 2017
||Planned Start of Projects
|31 December 2017
||90% of Project spend complete
|30 March 2018
||All projects completed