The terms and conditions of the activity may also be referred to as benchmarks, priors, or involve words such as “subject to…”. They are specific to an individual activity and explain what the recipient must do in order to be eligible for the funds to be released.
The conditions should include loan repayment terms if the activity is financed by a loan.
For IFIs and DFIs, this includes loan repayment conditions or special terms and conditions. In cases where the loan repayment terms are considered commercially sensitive, this information can be redacted. The reason for the redactions needs to be explicitly stated in detail and must clarify why the information is commercially sensitive and would cause material and direct harm if published.
For private foundations and humanitarian agencies, statements setting out what the grant can be spent on are accepted.
Templates for general terms and conditions are not accepted for scoring this indicator. If there are no policy, performance or fiduciary conditions associated with an activity, this must be explicitly stated.
The score for this indicator is graduated based on accessibility.