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.
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.
Beneficiaries are foreign governments, foreign public or private institutions or organizations, or foreign individuals who are eligible for MCC Compact or Threshold programs.
No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.
Aplication and Award Process
Preapplication coordination is not applicable.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Millennium Challenge Act of 2003, 22 U.S.C. 7701 et seq.
Range of Approval/Disapproval Time
Other - Not Specified.
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
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
(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
Regional or Local Office
See Regional Agency Offices.
James R. Blades, Millennium Challenge Corporation, Contracts and Grants Management Division, 875 15th Street, NW, Washington, District of Columbia 20005 Email: email@example.com Phone: (202) 521-3600.
Criteria for Selecting Proposals