Stage 3. Tactical decisions
Determine the degree of competition for funding
| Determine the duration of the award
| Build in full cost recovery
| Determine payment formula
| Establish application process
| Establish monitoring and evaluation scheme
In this third stage, you will make a series of detailed tactical
decisions about the design of the funding model.
Many of the considerations and decisions in this stage apply
equally to all three channels (procurement, grant and
grant-in-aid). However, where they apply differently to different
channels, this is shown.