Onfed to award US$149mn water, sanitation funding in October

Thursday, April 15, 2010

European development fund Onfed is in October scheduled to announce the projects that will receive funding to help improve water and sanitation conditions in the Caribbean, Asia and the Pacific, an official from Onfed's Dominican office told BNamericas.

The selected projects will receive funding for a total of 110mn euros (US$149mn), the official said. Interested parties have until June 2 to submit proposals.

The funding is part of Onfed's "Access to water, access to health" project, which looks to improve water and sanitation in the Caribbean, Asia and the Pacific.

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The plan involves a 200mn-euro donation divided into three different phases: a first 110mn-euro disbursement, a second payment of 40mn euros and a third disbursement of 50mn euros, the official said.

The second payment will be awarded in 1Q11 to winning projects presented before October 6, according to the official.

"The remaining amount will be invested in existing water and sanitation initiatives which require funding for completion," the official added.

Onfed is currently calling for firms and organizations based in the Dominican Republic to present projects before the established deadlines, and is providing assistance for the development of proposals.

"This is the second Onfed project focused on water and sanitation; the first plan was launched in 2004," the official said, adding that 800 proposals were presented that year. "Of the total 800 projects, only 165 received funding and of those, four were developed in the Dominican Republic," the official added.

The "Access to water, access to health" plan looks to fulfill the UN's 7th millennium development goal, which involves halving the amount of people without access to potable water and basic sanitation services by 2015.

For Onfed's call for proposals, go to this link.