2005 12 Recovery of indirect costs for co financing

2005 18 UNDP strategic cost management and implications for cost recovery

The projections for future years take into account higher other resources expenditure levels and increased recovery offset following the adoption of the new UNICEF recovery policy.

Costs are charged to projects, ensuring full cost recovery.

Welcomes the participation of UNDP in the work of the UNDG Management Group with regard to further harmonization of cost recovery principles and refining the criteria for cost recovery rates

These should be included under a contractual agreement between the organizations, indicating the agreed level of service and the financial commitments for both parties (fees, cost recovery mechanisms or other financial arrangements).

Adopted decision 2005 18 of 22 June 2005 on UNDP strategic cost management and implications for cost recovery.

They cannot justify developing new drugs unless they can expect to recoup their costs through sales.

Adopted decision 2005 12 of 28 January 2005 on the recovery of indirect costs for co financing

Took note of document DP 2005 CRP.4 on reporting of UNDP income from cost recovery

And so the question is How could we make that back?

The private sector has typically stayed out, owing to long cost recovery periods, small market size, and lack of consumer credit.

9 WFP has a relatively simple and transparent system in place that ensures that recovery from supplementary contributions covers all incremental costs plus an appropriate share of administrative costs (called indirect support costs in WFP terminology).

Takes note of the conference room paper on criteria for the determination of project specific cost recovery rates (DP 2005 CRP.5)

While continuing to provide a range of service lines, UNOPS will rationalize and streamline its corporate and support structures to reduce its fixed cost base, introduce activity based costing, and price its services to ensure full cost recovery.

(k) The recovery of assets, in accordance with the provisions of chapter V of this Convention.

The additional recovery income offsets the growth in support budget expenditures, thus maximizing the funds available for programme assistance.

While the Family Code obliges parents to provide for the maintenance of their children, the Committee is concerned that in practice it is difficult to recover this maintenance and often it is the parent who has custody who carries the full financial costs of bringing up the child.

Governments lack both the means and motivation, owing to their inability to recoup costs from poor villagers, often because subsidized electricity prices depress revenues.

There are a number of other costs, some potentially quite large, although quantifying them is problematic.

Asset recovery

Much of the former land of these industries has been reclaimed, mostly as housing.

On these occasions, a proactive approach is needed to recover and reissue the payments.

An outstanding question is the extent to which cost recovery should also make a contribution to the basic administrative costs of the organization and to some part of the programme support costs that cannot be clearly attributed to any specific programme activity.

Recovery of payments

Recovery of maintenance

In 2004, UNCDF Local Development built on existing partnerships and established new ones, with the Institute of Social Studies in the Netherlands, the Africa Development Bank, the International Monetary Fund, the UNDP Bureau for Crisis Prevention and Recovery, UN Habitat, the United Nations Department of Economic and Social Affairs (DESA), and the World Bank. In addition,

Now we see that these were only a small part of the total costs.

As a result of potentially not recovering all costs incurred on all projects accepted prior to 28 April 2005, UNOPS may not have sufficient funds to contribute to the operational reserve.

Such an agency need not be expensive.

Recovery of indebtedness to the Fund

Reductions in subsidies and improved cost recovery for those who can afford to pay can help to finance operation and maintenance costs, ensure quality and reliability of service and encourage water use efficiency.

Each country could establish the proper mechanism and extent of cost recovery that best serves its own needs, priorities and culture, recognizing that no one size fits all.

Local authorities could be supported through national and international programmes of capacity building, including training in formulating and negotiating contracts, financial administration and cost recovery mechanisms, community involvement and accountability.

OIOS observed that in some instances, requests from HOAs could not be fulfilled for reasons such as priority access and unresolved cost recovery arrangements.

Of the costs apportioned to administrative operations, one third (or one sixth of the total) is borne by the United Nations.

All these costs are a serious drain on the economy.

Nor would a run on savings deposits occur, given the official guarantees that they remain unaffected by a bank s insolvency.

Indeed, it will take a decade or more to recover the losses incurred in this austerity process.

Option 2 maintains the current wider range of service offerings, but proposes cuts to its fixed costs, rationalization of its structures, and a phasing out of portfolios where full cost recovery is not achievable.

Before anyone can consume a kilowatt hour, a liter of water, or a bus ride, somebody has to get a copper wire, a pipe, and a road to their house. These fixed costs need to be recouped through long periods of use.

In paragraph 48 of its report, the Board reiterated its recommendation that UNICEF amend the presentation of its financial statement for cost recovery or submit a new definition of programme support expenditure to its Executive Board.

These costs are somewhat lower in developing countries.

A breakdown of these costs by meeting is annexed.

A breakdown of the estimated costs is provided in the attached tables.