Cost transparency templates and guidance
Thursday, September 28, 2017
The Department for International Development has released draft tools and guidelines to help organisations calculate the full cost of a particular project or service. The particular focus is on helping to calculate ‘non-project attributable costs’ or NPAC. There are three documents posted here:
- Cost template guidance – a pdf guide and toolkit on project budgeting and cost allocation.
- Cost eligibility guidance – a pdf explaining programme expenditure and a guide to its eligibility.
- Copy of budget proforma – an excel template to allow organisations to lay out the budget and facilitate calculation of NPAC.
We would encourage members to look at and use these and, from a learning perspective, try to apply them to their DFID funded projects. We also would appreciate comments and questions that can be shared on the MyBond page for the funding working group.
At the time of writing a presentation on these has been planned for 11 October 2017 as part of the Bond funding working group meeting, where these documents will be presented along with worked examples to representatives of the sector. This is part of a pilot phase for the development of these guides and templates by DFID and further communication and consultation is being planned.
We look forward to hearing your comments and questions on these guides and templates as we continue to work with DFID on this very important area of funding and finance.
Note: "cost recovery" is now being referred to as "cost transparency". DFID is keen to understand the true cost of delivering projects and ensuring transparency across their portfolio.