EEPP Program Support Unit 

EPF Operating Manual   General Principles 

PAF is incomplete.  The deadline for submitting the PAF is specified and included with the 

instructions for completing the PAF. 

The PAF should be submitted at least 45 days prior to the scheduled FMC selection meeting.  

If the completed PAF is received after this deadline, it will not be evaluated until the 

following FMC selection meeting. 

Fund staff will evaluate the technical merits of all projects and develop a numerical score for 

each project (see next section).  The scoring system is adjusted according to EPF priorities on 

an annual basis and is described in detail in the Annual Operating Plan.  The specific criteria 

applied by the Fund appear in Sections 4 and 5 of the Annual Operating Plan and are 

provided to applicants in the special instructions to complete applications.  

All CPP applications will be evaluated on a 100 point scale.  The score is based on specific 

criteria established by the Fund to reflect environmental priorities in a specific year.   The 

total point awarded to each criterion is defined on an annual basis to reflect its relative 

significance (weight). 

For soft loans and interest rate subsidies, an initial financial assessment will be completed by 

the Fund, while the final financial and credit assessment will be completed by the 

participating bank.  In the event the bank rejects project, the Fund will decline its support to 

the project.  

Prior to the FMC selection meeting, Fund staff will prepare for each project independently a 

summary report of the project's evaluation attached with a complete project profile including 

the project's total evaluation score, its ranking, and the Fund's recommendation for funding.   

Fund staff will provide this information to members of the FMC at least 15 days prior to the 

scheduled FMC meeting. 

Tender Procedure 

Independent from the CPP, the MSEA, EEAA, or EPF may identify projects that are among 

the EPF priorities, for which the Fund has not received applications through the CPP.  In 

these cases, a project concept paper, including a proposed budget, would be submitted to the 

FMC.  Approval by the FMC would authorize the EPF (EEAA) to conduct an open tender 

and reserve funds to support the proposed project following award.   

Following FMC authorization, the tender documents will be prepared to conform with the 

requirements of Law 89/1998 and its executive regulations concerning the Organization of 

General Tenders and Auctions. 

As part of the tendering process, EPF/EEAA will establish technical criteria for tenders on a 

tender by tender basis.   

The recommendations of the tender review panel would be submitted to the FMC for 

approval, after which the successful tender proposals would be processed similarly to 

successful applications to the CPP. 

EEPP PSU 

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INTERNATIONAL RESOURCES GROUP