Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project
Public Financial Management of the Mexican Federal administration relies on open and orderly Financial Management (FM) systems based on a strong legal framework, policies, and procedures for execution of public expenditures. These FM country system...
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| Format: | Other Financial Accountability Study |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/03/19783262/oaxaca-water-sanitation-sector-modernization-program-fiduciary-stsyems-assessment http://hdl.handle.net/10986/20068 |
| id |
okr-10986-20068 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ACTION PLAN ADMINISTRATION OF CONTRACTS ADMINISTRATIVE PROCESS ADMINISTRATIVE UNIT ADMINISTRATIVE UNITS ANNUAL PROCUREMENT APPLICABLE PROCEDURE APPLICABLE PROCUREMENT ASSETS BALANCE SHEET BANK PROCUREMENT BANK PROCUREMENT GUIDELINES BENEFICIARIES BID BIDDER BIDDERS BIDDING DOCUMENTS BIDS BORROWER BUDGET ALLOCATION BUDGETING CAPACITY BUILDING CASH MANAGEMENT CERTIFICATION CHART OF ACCOUNTS CIVIL WORKS CLAIM COMPETITIVE BIDDING COMPETITIVE BIDDING PROCEDURES COMPETITIVE PRICES COMPETITIVE PROCEDURES COMPETITIVE PROCESS COMPETITIVE PROCUREMENT COMPLAINT COMPLAINTS COMPUTERS CONSULTING CONTRACTS CONSULTING SERVICE CONSULTING SERVICES CONTRACT AWARD CONTRACT EXECUTION CONTRACT MANAGEMENT CONTRACTOR CONTRACTORS CONTROL MECHANISMS CORRUPTION CREDIT RATINGS DEBT SERVICE DEPENDENT DISBURSEMENT DISBURSEMENT METHOD ELECTRONIC PLATFORM EMPLOYMENT OF CONSULTANTS EQUIPMENT EXPENDITURE EXPENDITURES EXTERNAL AUDIT EXTERNAL CREDIT FEDERAL BUDGET FEDERAL GOVERNMENT FINANCIAL ADMINISTRATION FINANCIAL INFORMATION FINANCIAL INSTRUMENT FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL MANAGEMENT SPECIALIST FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SITUATION FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FRAUD FUTURE CONTRACT GEOGRAPHICAL AREA GOODS CONTRACTS GOVERNMENT ENTITIES GRACE PERIOD HARDWARE HARMONIZATION HUMAN RESOURCES IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INFORMATION SYSTEM INITIATIVE INSTITUTION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEGRITY INTEREST RATES INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITS INTERNAL CONTROL SYSTEMS INTERNAL PROCESS INTERNATIONAL COMPETITION LAWS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PERSONALITY LEGAL PROVISIONS LEGAL SYSTEM LOAN LOAN PROCEEDS MANAGEMENT SYSTEM MANDATE MATURITY MATURITY DATES METHOD OF PROCUREMENT MINISTRY OF FINANCE MODEL CONTRACT NATIONAL BANK NEGOTIATIONS OFFENSE OPEN COMPETITION OPEN COMPETITIVE BIDDING ORIGINAL CONTRACT PERFORMANCE INDICATORS PROCUREMENT PROCUREMENT ACTIONS PROCUREMENT ACTIVITIES PROCUREMENT ARRANGEMENTS PROCUREMENT COMMITTEE PROCUREMENT EXPERIENCE PROCUREMENT LAWS PROCUREMENT LEGISLATION PROCUREMENT METHOD PROCUREMENT OF GOODS PROCUREMENT OF WORKS PROCUREMENT PLAN PROCUREMENT PLANNING PROCUREMENT PLANS PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENT REQUIREMENTS PROCUREMENT SPECIALIST PROCUREMENT STAFF PROCUREMENT SYSTEM PROCUREMENT SYSTEMS PROSPECTIVE BIDDER PROTOCOL PUBLIC PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC ENTITIES PUBLIC FINANCES PUBLIC FUNDS PUBLIC INFORMATION PUBLIC PROCUREMENT PUBLIC WORKS QUALIFIED STAFF REGISTRIES REGISTRY REGULATORY FRAMEWORK RESOURCE PLANNING RESULT RESULTS RIGHT OF APPEAL RISK MANAGEMENT RISK MANAGEMENT SYSTEM SALARIES SANCTION SANCTIONS SECURITIES STATE GOVERNMENT SUPERVISION SUPPLIERS TECHNICAL ASSISTANCE TENDERS TIME FRAMES TRANSPARENCY TREASURY TURNOVER TYPE OF ACTIVITY USERS VERIFICATION WEB WEB PAGE WEB PAGES WEB SITE WHISTLEBLOWER |
| spellingShingle |
ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ACTION PLAN ADMINISTRATION OF CONTRACTS ADMINISTRATIVE PROCESS ADMINISTRATIVE UNIT ADMINISTRATIVE UNITS ANNUAL PROCUREMENT APPLICABLE PROCEDURE APPLICABLE PROCUREMENT ASSETS BALANCE SHEET BANK PROCUREMENT BANK PROCUREMENT GUIDELINES BENEFICIARIES BID BIDDER BIDDERS BIDDING DOCUMENTS BIDS BORROWER BUDGET ALLOCATION BUDGETING CAPACITY BUILDING CASH MANAGEMENT CERTIFICATION CHART OF ACCOUNTS CIVIL WORKS CLAIM COMPETITIVE BIDDING COMPETITIVE BIDDING PROCEDURES COMPETITIVE PRICES COMPETITIVE PROCEDURES COMPETITIVE PROCESS COMPETITIVE PROCUREMENT COMPLAINT COMPLAINTS COMPUTERS CONSULTING CONTRACTS CONSULTING SERVICE CONSULTING SERVICES CONTRACT AWARD CONTRACT EXECUTION CONTRACT MANAGEMENT CONTRACTOR CONTRACTORS CONTROL MECHANISMS CORRUPTION CREDIT RATINGS DEBT SERVICE DEPENDENT DISBURSEMENT DISBURSEMENT METHOD ELECTRONIC PLATFORM EMPLOYMENT OF CONSULTANTS EQUIPMENT EXPENDITURE EXPENDITURES EXTERNAL AUDIT EXTERNAL CREDIT FEDERAL BUDGET FEDERAL GOVERNMENT FINANCIAL ADMINISTRATION FINANCIAL INFORMATION FINANCIAL INSTRUMENT FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL MANAGEMENT SPECIALIST FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SITUATION FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FRAUD FUTURE CONTRACT GEOGRAPHICAL AREA GOODS CONTRACTS GOVERNMENT ENTITIES GRACE PERIOD HARDWARE HARMONIZATION HUMAN RESOURCES IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INFORMATION SYSTEM INITIATIVE INSTITUTION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEGRITY INTEREST RATES INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITS INTERNAL CONTROL SYSTEMS INTERNAL PROCESS INTERNATIONAL COMPETITION LAWS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PERSONALITY LEGAL PROVISIONS LEGAL SYSTEM LOAN LOAN PROCEEDS MANAGEMENT SYSTEM MANDATE MATURITY MATURITY DATES METHOD OF PROCUREMENT MINISTRY OF FINANCE MODEL CONTRACT NATIONAL BANK NEGOTIATIONS OFFENSE OPEN COMPETITION OPEN COMPETITIVE BIDDING ORIGINAL CONTRACT PERFORMANCE INDICATORS PROCUREMENT PROCUREMENT ACTIONS PROCUREMENT ACTIVITIES PROCUREMENT ARRANGEMENTS PROCUREMENT COMMITTEE PROCUREMENT EXPERIENCE PROCUREMENT LAWS PROCUREMENT LEGISLATION PROCUREMENT METHOD PROCUREMENT OF GOODS PROCUREMENT OF WORKS PROCUREMENT PLAN PROCUREMENT PLANNING PROCUREMENT PLANS PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENT REQUIREMENTS PROCUREMENT SPECIALIST PROCUREMENT STAFF PROCUREMENT SYSTEM PROCUREMENT SYSTEMS PROSPECTIVE BIDDER PROTOCOL PUBLIC PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC ENTITIES PUBLIC FINANCES PUBLIC FUNDS PUBLIC INFORMATION PUBLIC PROCUREMENT PUBLIC WORKS QUALIFIED STAFF REGISTRIES REGISTRY REGULATORY FRAMEWORK RESOURCE PLANNING RESULT RESULTS RIGHT OF APPEAL RISK MANAGEMENT RISK MANAGEMENT SYSTEM SALARIES SANCTION SANCTIONS SECURITIES STATE GOVERNMENT SUPERVISION SUPPLIERS TECHNICAL ASSISTANCE TENDERS TIME FRAMES TRANSPARENCY TREASURY TURNOVER TYPE OF ACTIVITY USERS VERIFICATION WEB WEB PAGE WEB PAGES WEB SITE WHISTLEBLOWER World Bank Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| geographic_facet |
Latin America & Caribbean Mexico |
| description |
Public Financial Management of the
Mexican Federal administration relies on open and orderly
Financial Management (FM) systems based on a strong legal
framework, policies, and procedures for execution of public
expenditures. These FM country systems are partially
replicated in the State of Oaxaca and, in particular, in the
Secretariat of Finance (Secretaria de Finanzas, SEFIN),
which will be coordinating the overall implementation of the
Program, and in the executing entities, the State Water
Commission (Comision Estatal de Agua, CEA) and the Oaxaca
Metropolitan Area Water Utility (SAPAO), which will be
responsible for carrying out technical activities under the
Program. Although SEFIN has limited experience in managing
Bank-financed operations, and CEA and SAPAO have no such
experience, the overall conclusion of the FM assessment is
that SEFIN, CEA and SAPAO1 have suitable financial
management arrangements, which include the key elements for
an adequate implementation of the Program, such as: (i) a
formal process of budget planning and execution based on
comprehensive legal and normative frameworks; (ii) the
approval of the State Expenditures Budget on an annual basis
by the State Legislature; (iii) an integrated budgeting and
accounting system (SINPRES), which allows for the management
and control of financial resources; (iv) organizational
structures with adequate segregation of duties, documented
in the appropriate Functions and Organizational Manuals, and
(v) experienced staff. |
| format |
Economic & Sector Work :: Other Financial Accountability Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| title_short |
Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| title_full |
Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| title_fullStr |
Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| title_full_unstemmed |
Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project |
| title_sort |
fiduciary systems assessment of the oaxaca water and sanitation sector modernization project |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/03/19783262/oaxaca-water-sanitation-sector-modernization-program-fiduciary-stsyems-assessment http://hdl.handle.net/10986/20068 |
| _version_ |
1764444356212686848 |
| spelling |
okr-10986-200682021-04-23T14:03:53Z Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project World Bank ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ACTION PLAN ADMINISTRATION OF CONTRACTS ADMINISTRATIVE PROCESS ADMINISTRATIVE UNIT ADMINISTRATIVE UNITS ANNUAL PROCUREMENT APPLICABLE PROCEDURE APPLICABLE PROCUREMENT ASSETS BALANCE SHEET BANK PROCUREMENT BANK PROCUREMENT GUIDELINES BENEFICIARIES BID BIDDER BIDDERS BIDDING DOCUMENTS BIDS BORROWER BUDGET ALLOCATION BUDGETING CAPACITY BUILDING CASH MANAGEMENT CERTIFICATION CHART OF ACCOUNTS CIVIL WORKS CLAIM COMPETITIVE BIDDING COMPETITIVE BIDDING PROCEDURES COMPETITIVE PRICES COMPETITIVE PROCEDURES COMPETITIVE PROCESS COMPETITIVE PROCUREMENT COMPLAINT COMPLAINTS COMPUTERS CONSULTING CONTRACTS CONSULTING SERVICE CONSULTING SERVICES CONTRACT AWARD CONTRACT EXECUTION CONTRACT MANAGEMENT CONTRACTOR CONTRACTORS CONTROL MECHANISMS CORRUPTION CREDIT RATINGS DEBT SERVICE DEPENDENT DISBURSEMENT DISBURSEMENT METHOD ELECTRONIC PLATFORM EMPLOYMENT OF CONSULTANTS EQUIPMENT EXPENDITURE EXPENDITURES EXTERNAL AUDIT EXTERNAL CREDIT FEDERAL BUDGET FEDERAL GOVERNMENT FINANCIAL ADMINISTRATION FINANCIAL INFORMATION FINANCIAL INSTRUMENT FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL MANAGEMENT SPECIALIST FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SITUATION FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FRAUD FUTURE CONTRACT GEOGRAPHICAL AREA GOODS CONTRACTS GOVERNMENT ENTITIES GRACE PERIOD HARDWARE HARMONIZATION HUMAN RESOURCES IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INFORMATION SYSTEM INITIATIVE INSTITUTION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEGRITY INTEREST RATES INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITS INTERNAL CONTROL SYSTEMS INTERNAL PROCESS INTERNATIONAL COMPETITION LAWS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PERSONALITY LEGAL PROVISIONS LEGAL SYSTEM LOAN LOAN PROCEEDS MANAGEMENT SYSTEM MANDATE MATURITY MATURITY DATES METHOD OF PROCUREMENT MINISTRY OF FINANCE MODEL CONTRACT NATIONAL BANK NEGOTIATIONS OFFENSE OPEN COMPETITION OPEN COMPETITIVE BIDDING ORIGINAL CONTRACT PERFORMANCE INDICATORS PROCUREMENT PROCUREMENT ACTIONS PROCUREMENT ACTIVITIES PROCUREMENT ARRANGEMENTS PROCUREMENT COMMITTEE PROCUREMENT EXPERIENCE PROCUREMENT LAWS PROCUREMENT LEGISLATION PROCUREMENT METHOD PROCUREMENT OF GOODS PROCUREMENT OF WORKS PROCUREMENT PLAN PROCUREMENT PLANNING PROCUREMENT PLANS PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENT REQUIREMENTS PROCUREMENT SPECIALIST PROCUREMENT STAFF PROCUREMENT SYSTEM PROCUREMENT SYSTEMS PROSPECTIVE BIDDER PROTOCOL PUBLIC PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC ENTITIES PUBLIC FINANCES PUBLIC FUNDS PUBLIC INFORMATION PUBLIC PROCUREMENT PUBLIC WORKS QUALIFIED STAFF REGISTRIES REGISTRY REGULATORY FRAMEWORK RESOURCE PLANNING RESULT RESULTS RIGHT OF APPEAL RISK MANAGEMENT RISK MANAGEMENT SYSTEM SALARIES SANCTION SANCTIONS SECURITIES STATE GOVERNMENT SUPERVISION SUPPLIERS TECHNICAL ASSISTANCE TENDERS TIME FRAMES TRANSPARENCY TREASURY TURNOVER TYPE OF ACTIVITY USERS VERIFICATION WEB WEB PAGE WEB PAGES WEB SITE WHISTLEBLOWER Public Financial Management of the Mexican Federal administration relies on open and orderly Financial Management (FM) systems based on a strong legal framework, policies, and procedures for execution of public expenditures. These FM country systems are partially replicated in the State of Oaxaca and, in particular, in the Secretariat of Finance (Secretaria de Finanzas, SEFIN), which will be coordinating the overall implementation of the Program, and in the executing entities, the State Water Commission (Comision Estatal de Agua, CEA) and the Oaxaca Metropolitan Area Water Utility (SAPAO), which will be responsible for carrying out technical activities under the Program. Although SEFIN has limited experience in managing Bank-financed operations, and CEA and SAPAO have no such experience, the overall conclusion of the FM assessment is that SEFIN, CEA and SAPAO1 have suitable financial management arrangements, which include the key elements for an adequate implementation of the Program, such as: (i) a formal process of budget planning and execution based on comprehensive legal and normative frameworks; (ii) the approval of the State Expenditures Budget on an annual basis by the State Legislature; (iii) an integrated budgeting and accounting system (SINPRES), which allows for the management and control of financial resources; (iv) organizational structures with adequate segregation of duties, documented in the appropriate Functions and Organizational Manuals, and (v) experienced staff. 2014-09-11T14:28:33Z 2014-09-11T14:28:33Z 2014-03 http://documents.worldbank.org/curated/en/2014/03/19783262/oaxaca-water-sanitation-sector-modernization-program-fiduciary-stsyems-assessment http://hdl.handle.net/10986/20068 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Other Financial Accountability Study Latin America & Caribbean Mexico |