Due Diligence Services Panel

The Due Diligence (DD) Services Panel will provide DFAT risk management area with a streamlined means to procure services for due diligence assessments in an efficient and cost effective way.

·The objectives of the Panel are to:

(a)Strengthen risk management processes through identification and assessment of delivery partner risks and what controls may be needed to mitigate those risks, prior to agreement finalisation;

(b)Support sound funding decisions to be transparent, robust and defensible; and

(c)Undertake accreditation assessments in a consistent and pragmatic manner.

·Panel members will provide services in one or more of the following categories:

(a)Category 1 – Comprehensive Assessment of Commercial Partners; and

(b)Category 2 – Comprehensive Assessment of Multilateral Organisations.

·The Category 1 is open to suppliers (Companies only) based in both Australia and overseas. The Category 2 is open to suppliers (Companies and Individuals) based in both Australia and overseas. There is no limit on the number of panel members in each category.

·A more detailed description of the requirements can be found in the Statement of Requirements in Schedule 1 in Part 3: Draft Deed.