Preparation of Budget & Financing Plan For IQAC Proposal

1. Preparation of Budget & Financing Plan For IQAC Proposal Presented By AhmadulHaque Finance Officer Higher Education Quality Enhancement Project E-mail- ahmad.haq2008@gmail.com Cell- 01711241344

2. Eligible Expenditure Goods: • Books, manuals and office equipment (computer and accessories, photocopier, printer, scanner, multimedia projector, air conditioner, appliances etc) for IQAC office; • Furniture/Fixtures for IQAC office; • Printing and stationeries for IQAC office and SA purpose. Works: • Renovation: repairing and refurbishing existing infrastructure for IQAC office (maximum BDT 400,000.00). Budget

3. Eligible Expenditure (contd.) Services: • Remuneration, TA/DA and local hospitality for the resource persons invited to conduct training/workshop; • Remuneration, TA/DA and local hospitality for the peer review team composed of three local or international (max. one international) consultants/experts/specialists (Max BDT 300,000.00); • Repair/maintenance of office equipment; • Payment for intellectual properties use etc. Budget

4. Eligible Expenditure (contd.) Training/workshop etc: • Awareness programs for teachers and students about SA and QA; • Training and workshop for academic staff on QA; • External institutional review of academic processes to support internal QA; • Expenditures for participation in customized training courses for professional development of permanent academic staff on practices of QA, qualification framework and accreditation in HE, SA, preparing SA report and strategic plan; • Expenditure for holding Conference/ seminar/ workshop/ consultations/ focus group discussions related to QA within Bangladesh. Budget

5. Eligible Expenditure Manpower • Provisional manpower (non-academic)can be appointed/hired. • Consolidated Salary of officer and staff will be offered according to public university’s / GOB pay scales for the equivalent position. • Private university's shall also follow the same rule. Budget

6. Non-Eligible Expenditure • Salary and allowances for the permanent academics and support staff of the university; • Any establishment/recurring/revenue expenditures of the IQAC office; • Large civil works likeconstruction of new physical infrastructure i.e., building, road, laboratory, workshop, classroom, auditorium, library, seminar hall/lecture theatre/room/facilities etc.; • Costs not related to IQAC activities and not included in the IQAC work plan, financing and procurement plans and budget. Budget

7. Types of Budget There are two type of budget for sub-project under AIF: • Detail Budget • Summary Budget Budget

8. Summary of Estimated Budget

9. Details of Estimated Budget Sub-Projects Budget

10. Details of estimated Budget Sub-Projects Budget

11. Detail of estimated Budget Sub-Projects Budget

12. Detail of estimated Budget Sub-Projects Budget

13. Detail of estimated Budget Sub-Projects Budget 6 January 2020 6 January 2020

14. Quarterly Financing Plan • Prepare Quarterly Financing Plan from detail budget over the life of the proposed project, • Calculate fund requirement for each quarter, • Show fund requirement against each economic code/activity, • Distribute budgeted amount to different quarter based on requirement, • Use Procurement Plan, Work Plan etc. in distributing fund. Budget

15. Financing Plan

16. Some Points to Remind • Cost of Consultancy service cannot exceed 10% of the total Project Cost. • Renovation/Refurbishment cannot exceed 10% of the total Cost (Max BDT 400,000.00). • Remuneration, TA/DA and local hospitality for the peer review team composed of three local or international (max. one international) consultants/ experts/specialists (Max BDT 300,000.00). • Operational cost/Contingencies cannot exceed 2% of the total Project Cost. Budget

17. Thank You Budget