MCC Foreign Assistance for Overseas Programs
To provide United States assistance for global development through the Millennium Challenge Corporation; to provide such assistance in a manner that promotes economic growth and the elimination of extreme poverty and strengthens good governance, economic freedom, and investments in people.
General information about this opportunity
Last Known Status
Active
Program Number
85.002
Federal Agency/Office
Millennium Challenge Corporation
Type(s) of Assistance Offered
B - Project Grants; C - Direct Payments For Specified Use
Program Accomplishments
Fiscal Year 2009 : MCC has approved over $7.4 billion in compact and threshold programs worldwide that support country-determined projects in such sectors as agriculture and irrigation transportation (roads, bridges, ports); water supply and sanitation; access to health; finance and enterprise development; anti-corruption initiatives; land rights and access and access to education. The aggressive implementation of compacts and threshold programs is promoting growth opportunities, opening markets, raising the standard of living, and creating a more prosperous future for some of the world’s poorest people. MCC is a prime example of smart U.S. Government assistance in action, benefiting both developing countries and U.S. taxpayers through competitive selection; country-led solutions; and country-led implementation.
Authorization
Millennium Challenge Act of 2003, 22 U.S.C. 7701 et seq.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Compacts are large, 5-year grants for countries that pass MCC's eligibility criteria. Threshold programs are smaller grants awarded to countries that come close to passing these criteria and are firmly committed to improving their policy performance.
Beneficiary Eligibility
Beneficiaries are foreign governments, foreign public or private institutions or organizations, or foreign individuals who are eligible for MCC Compact or Threshold programs
Credentials/Documentation
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Award Procedure
Competitive
Deadlines
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
Not applicable.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
Funds are authorized through grants and cooperative agreements, primarily with non-governmental organizations and educational institutions, to carry out activities in some of the world’s poorest countries, but only those committed to good governance; economic freedom, and investments in their citizens. MCC provides these well-performing countries with large-scale grants to fund country-led solutions for reducing poverty through sustainable economic growth. MCC grants complement other U.S. and international development programs.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Government shall have access to and the right to examine records of any party to an Agreement or any entity that participates in the performance of an Agreement that directly pertain to and involve transactions relating to, the Agreement for a period of three (3) years after final payment is made. This requirement shall not apply to sub grantee/recipients and this paragraph only applies to any record that is created or maintained in the ordinary course of business or pursuant to any provision of law. The records shall be retained until completion of the action and resolution of all issues which arise from it, or until the end of the regular 3-year period, whichever is later. The terms of this paragraph shall be included in all sub-agreements to the Agreement
Records
see audits
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
5 years contact agency for information
Who do I contact about this opportunity?
Regional or Local Office
None/Not specified.
Headquarters Office
James R. Blades,
Millennium Challenge Corporation, Contracts and Grants Management Division, 875 15th Street, NW
Washington, DC 20005 US
bladesjr@mcc.gov
Phone: (202) 521-3600.
Website Address
http://www.mcc.gov
Financial Information
Account Identification
95-2750-0-1-151
Obligations
(Project Grants) FY 11 FY 10 FY 09$7,400,000.00;
Range and Average of Financial Assistance
Not applicable/available.
Regulations, Guidelines and Literature
Not applicable.
Examples of Funded Projects
Not applicable.