Item 3 Investment promotion and suggested measures to further development objectives

6. Project objectives should be clearly defined and quantified so that there is no conflict between objectives and inputs and the executing agency has a clear idea of the targets to be achieved at the end of the project period (see paragraph 53).

Revised to include a number of items under requirement for competitive selection

3 Investing in Development A Practical Plan to Achieve the Millennium Development Goals (New York, Millennium Project, 2005).

A public authority that is well financed is clearly more likely to win a bidding contest for an investment project than one that is not well financed.

Proposing agencies will be asked to bring their credit sources and terms for the implementation of the project.

The project covered by this tender will survey institutes and networks worldwide.

5 For the costing of the Millennium Development Goals see Investing in Development A Practical Plan to Achieve the Millennium Development Goals, The Millennium Project, 2005, available at www.unmillenniumproject.org.

Bidders must be aware how a public institution will assess bids.

For each of the goals there are a number of specific targets, 18 in total.

Target, first carrier, attack!

In as much as investment may flow in both directions, both countries parties to a BIT may pursue these two objectives simultaneously.

Cost (increase decrease) Administrative Committee on Coordination definition

The panel of eminent economists has produced a much shorter list of just 19 targets that will do the most good for the world. Every dollar spent on these targets will likely produce 32 of social good more than four times more effective than spending on all 169.

158. It was suggested that paragraph 70 should clearly recommend the submission of tender securities by project consortia.

By the time the project agreement is signed, the project sponsors will normally have spent considerable time and invested significant sums in the project (e.g. preparation of feasibility studies, engineering design and other technical documents preparation of tendering documents and participation in the tendering proceedings preparation and negotiations of the contract documents and loan agreements hiring consultants and advisers).

Three of the eight Development Goals, 8 of the 18 targets and 18 of the 48 indicators are health related.

1 United Nations Millennium Project report, Investing in Development A Practical Plan to Achieve the Millennium Development Goals (New York, 2005).

The expression project sponsors refers to the group of companies that submit a joint proposal or tender for the development of an infrastructure project and agree to carry it out jointly if awarded the project by the host Government.

Non investment costs

Objective 1 project delivery.

Targeted projects.

The project has two objectives.

Its main aim is to fulfil the fourth objective of the National Health Programme 2001 2006, which consists in ensuring equitable healthcare funding in order to meet the requirement of financial protection.

In 17 cases, although the value of the contracts exceeded 200,000, the time allowed for bidding was less than four weeks.

Target Preferences

Objectives Projects were suited to resolve a specific problem, such as the protection of water resources, protect a species, control erosion and secure an investment.

They organize their whole life around this.

The total investment target for 1996 was 64,000 million pesos.

These objectives were achieved by means of the following investments

(2) Where a securities firm undertakes collective investments with assets of several clients or invests its client s assets in specific targeting products without any approval.

Item 5. Criteria for the evaluation of Millennium Development Goal 8

Agenda item Title

A large majority of projects reported that they had achieved their targets.

Meeting of Experts on Investment Promotion 15 17 September

Expert Meeting on Investment Promotion and Development Objectives

DPKO has informed OIOS that the statement that goods and services were not procured from the lowest bidder related to 14 cases, and that its review showed that these contracts were in fact awarded to the lowest bidder or to the lowest acceptable bidder on a proprietary basis, taking into account such factors as delivery time and transportation costs.

This requires identifying the full set of investments and policies needed to achieve the Millennium Development Goals by 2015, as exemplified in the Millennium Project.

The detailed objectives of the project included the following

(i) The tender with the lowest tender price, subject to any margin of preference applied pursuant to subparagraph (d) of this paragraph or

Investing in Development A Practical Plan to achieve the Millennium Development Goals, United Nations Millennium Project, New York, January 2005, Overview, page 26.

Early in 2005, the Millennium Project carried out an ambitious agenda of research and analysis, and produced Investing in Development A Practical Plan to Achieve the Millennium Development Goals.

Project identities are identical

Those contracts in general are for a duration of two or three years and have eliminated the repetitive bidding process for the same items or services.

(1) The purpose of paragraph (1) is to enable the procuring entity to seek from suppliers or contractors clarifications of their tenders in order to assist in the examination, evaluation and comparison of tenders, while making it clear that this should not involve changes in the substance of tenders.