INVESTMENT BUDGET EXECUTION MANUAL

The Budget Execution Manual is considered as a complimentary tool the Ministry of Planning’s Standard Biding Document Regulation and provides: 1) a comprehensive description of the main steps to follow when beginning the Investment Budget execution process; and 2) reviews of: a) the importance of the integration between the Investment and O&M Budgets (given executed projects will definitely require O&M expenses and these must be reflected in the O&M budget) to help provincial authorities execute a to a better budget; b) the main obstacles facing executing the provincial Investment Budget; c) the steps required to start the contracting process, starting with preparing feasibility studies and other biding documents; d) the different types of contracting methods and procedures; and e) monitoring and evaluating the Investment Budget execution results.