local fund agent
The Global Fund has issued a request for expressions of interest (EOI) from organizations willing to serve as a contractor for local fund agent (LFA) services for a period of six years.
OIG investigation of Global Fund PR in Bangladesh reveals fraud and misuse of funds amounting to about $100,000
Staff from the National Tuberculosis Control Program (NTP) in Bangladesh falsified documents to support training-related expenditures between July 2015 and September 2016, according to an investigation conducted by the Office of the Inspector General (OIG). The NTP was principal recipient (PR) for a TB grant (BGD-T-NTP) worth $31.7 million.
On 10 January, we published an article with the headline “Global Fund LFA tenders will be for six years instead of the current four.” There were two errors in the article.
The Global Fund Board has adopted a set of “principles” governing the selection of LFAs (some of the principles are really policies); has delegated to the Audit and Finance Committee (AFC) the authority to modify the principles; and has delegated to the Secretariat the authority to establish the procedures for procurement of LFA services. The principles were recommended by the Secretariat and endorsed by the AFC.
The Global Fund's third Board meeting, held in Geneva on 10-11October 2002, was, according to Executive Director Richard Feachem, "a huge improvement on the first two Board meetings," but it still left many participants frustrated when time ran out before the agenda was completed.