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.



Agency - Millennium Challenge Corporation
Office - See Regional Agency Offices.
Website Address

http://www.mcc.gov



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. Fiscal Year 2010: No Current Data Available Fiscal Year 2011: No Current Data Available

Uses and Use Restrictions

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.

Eligibility Requirements

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

No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110.

Award Procedures

Competitive.

Deadlines

Contact the headquarters or regional office, as appropriate, for application deadlines.

Authorization

Millennium Challenge Act of 2003, 22 U.S.C. 7701 et seq.

Range of Approval/Disapproval Time

Other - Not Specified.

Appeals

Not Applicable.

Renewals

Not Applicable.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula.
This program has no matching requirements. This program has no statutory formula. Cost-sharing requirements are indicated in each grant announcement.
This program does not have MOE requirements.

Length and Time Phasing of Assistance

5 years. See the following for information on how assistance is awarded/released: contact agency for information.

Post Assistance Requirements

Reports

Not Applicable.

Audits

This program is excluded from coverage under OMB Circular No. A-133. 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.

Financial Information

Account Identification

95-2750-0-1-151.

Obigations

(Project Grants) FY 09 $7,400,000; FY 10 est not reported.; FY 11 est not reported.

Range and Average of Financial Assistance

No Data Available.

Regulations, Guidelines, and Literature

Not Applicable.

Information Contacts

Regional or Local Office

See Regional Agency Offices.

Headquarters Office

James R. Blades, Millennium Challenge Corporation, Contracts and Grants Management Division, 875 15th Street, NW, Washington, District of Columbia 20005 Email: bladesjr@mcc.gov Phone: (202) 521-3600.

Criteria for Selecting Proposals

Not Applicable.



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