MCC Compact Lifecycle

Question 1

Compact Lifecycle

Answer 1

1. Selection (6 months)
2. Development (2-3 years)
3. Mobilization (9-18 months)
4. Implementation (5 years)
5. Closure (120 days)

Question 2

Selection

Answer 2

Step 1 (6 months)
* Determine candidate pool
* Publish scorecards
* Board of Directors selects eligible countries

Question 3

Development

Answer 3

Step 2 (2-3 years)
* Commence stakeholder engagement
* Identify constraints
* Undertake root cause analyses
* Identify, develop and refine projects
* Identify conditions
* Negotiate final terms
* Sign compact

Question 4

Mobilization

Answer 4

Step 3 (9-18 months)
* Establish Accountable Entity and implementing structures
* Staff MCC field office
* Setup Project Management systems
* Initiate key procurements
* Complete legal & administrative requirements for EIF

Question 5

Implementation

Answer 5

Step 4 (5 years)
* Procure contractors and consultants
* Implement program and monitor progress
* Ensure standards and requirements are met
* Maintain key relationships
* Manage towards sustainability
* Plan for closure

Question 6

Closure

Answer 6

Step 5 (120 days)
* Wind down compact activities
* Hand over to government
* Safeguard assets and records
* Plan and execute evaluations and update results reporting