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Public Financial Management II IDIQ

Global USAID 2018 2023

PFM II Indefinite Delivery Indefinite Quantity (IDIQ) is a Bureau-wide mechanism that supports USAID’s Bureau for Economic Growth, Education and Investment (E3). PFM II IDIQ addresses four factors which are keys to USAID’s goal of achieving broad-based equitable economic growth: (1) increasing and expanding human capacity; (2) improving the policy environment to promote efficiency and economic opportunity for all members of society; (3) sound management of institutions; and (4) good governance. PFM II IDIQ provides support for the public sector in developing countries that USAID serves. When governments have sound, effective, transparent, genderaware and accountable systems in place to manage public funds, there is a decrease in opportunities for corruption, inefficiencies and mismanagement. Sound public financial management systems canfacilitate: o Good governance practices;o Access to useful, accurate public information for better decision-making; ando Systems that complement each other across governmental entities (e.g., tax collection, customs,and procurements).