Procurement Manager Question: Download Questions PDF
Explain me how Are The Funds Transferred By A Procurement Services Partner Recorded And Managed By Unicef?
Answer:
With the exception of Handling Fees, UNICEF does not take title to funds paid to UNICEF by Procurement Services partners. In general, funds transferred by Procurement Services partners are treated as trust funds by UNICEF and are to be used exclusively to implement the Procurement Services arrangement entered into with the partner.
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