Terms of Reference (TORs) for Procurement of a Consultant to undertake a Value for Money (VfM) Assessment

Over the last 11 years, the Agricultural Business Initiative Group has been working with over 200 implementing partners, supporting interventions highlighted above and reporting performance in line with the Result Chain. aBi recognizes VfM as a key element for establishing whether its interventions are worthwhile, so the money spent on interventions needs to be assessed against what has been delivered (outputs) or achieved (outcomes and impact). The relative importance of VfM is further illustrated through the RMRD manual. The manual shows how the Results measurement system shall ably provide sufficient data to enable aBi to track costs of individual components so that various analysis like value for money can be performed to make evidence-based decisions on which different programme components are generating much impact against expenditure (cost). However, integration of VfM assessment has not happened mainly due to the activity-based budgeting, which makes it difficult to monetize some results. The internal capacity to track results Vs costs also needs to be enhanced so as to establish valid estimations of value for money. It is for this reason that aBi through its Board and Senior Management has resolved to establish a robust system for measuring & regularly reporting VfM. Development partners: Royal Danish Embassy (RDE), International Fund for Developing Countries (IFU) and European Union (EU).

2. Rationale
aBi is desirous of ensuring good value for money. This includes demonstrating extent to which the two companies are delivering their interventions efficiently while achieving aBi's desired development outcomes and impact. To achieve this, strengthening of internal procurement processes and monitoring and results measurement approaches need to be areas of key focus. This VfM Assessment is designed to support accountability as well as reflection, learning and performance improvement across aBi and supported Implementing Partners. Findings from the assessment will be used to systematically identify areas where RMRD systems can be improved, to provide better evidence and benchmarking of sound resource management, delivery, outcomes and impact.