LOW VALUE PERFORMANCE-BASED PAYMENT AGREEMENTLow Value Performance-Based Payment Agreement • May 24th, 2023
Contract Type FiledMay 24th, 2023• This LOW VALUE PERFORMANCE-BASED PAYMENT AGREEMENT template is to be used when UNDP wishes to engage an NGO, CSO, non-UN IGO, Private Sector firm or Programme Government as a responsible party (“Responsible Party” or “RP”) under a project for certain types of activities where payments will be made based on the RP’s achievement of result(s) as defined in the Agreement. Payment by UNDP to the RP will be made in arrear, based on the RP’s achievement of one or more results and completion of the related deliverable (“Deliverable(s)”), and is therefore a Performance-Based Payment. This form of agreement may be used under a project where UNDP (i) is the Implementing Partner of a project under the DIM modality; or (ii) is providing direct Country Office support to the national implementation under the NIM modality, and the activities towards achieving the Deliverable(s) covered by this Agreement are under the responsibility of UNDP (as set out in a Letter of Agreement signed between the gove