Client:
United States Agency for International Development (USAID)
PITCO, as a major subcontractor to International Resources Group (IRG), provided technical assistance in financial management to utilities under the USAID-funded Power Distribution Program from October 2010 to September 2015. The assistance included developing a 10-year financial forecast model, improving financial and accounting processes, and enhancing the internal audit function. The project aimed to improve the financial planning, budgeting, and cash flow management of the utilities, ensuring better financial control and transparency.
The services provided included preparing an ERP blueprint, developing and implementing a new accounting manual, and providing training and support. The project also involved conducting a cost of service study to determine appropriate tariffs for consumers. The comprehensive financial management assistance aimed to improve the utilities’ financial performance, enabling them to achieve long-term sustainability and efficiency.
