Project that is financed by TACT goes through six phases that are monitored and approved by the Board. The six phases include (i) establishment phase (ii) application phase (iii) review phase (iv) award phase (v) management phase and (vi) close-up phase.
Develop Concept Note
Concept Note Development
- Secretarial Develop concept note template
- The Secretariat develops application forms in consultation with secretariat
- The Secretariat Develops Funding Opportunity Announcement (FOA)
- The Secretariat develops budgets
Internal Review
- The Fund Raising Committee Reviews budgets and Funding opportunity announcement and submits recommendations to the board
- The Board Approves the Budgets and Funding Opportunity Announcement
Manage Application
Project Fund Manager (PFM) ScreeningÂ
- PFM Review Concept Notes & and their budgets
- PFM Assess Individual Project Risks
- PFM Select Suitable Projects
- PFM Prepare Funding Memo to the CEO
Secretariat ValidationÂ
- Secretariat Validates Conformance of Selected projects to Basic TACT Criteria and conducts site visits
- Secretariat Prepares Submission to the Board
- The Approves the Concept Notes