The ICAO Technical Cooperation Programme – Administrative and Operational Services Cost (AOSC) Budget

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The Technical Cooperation Programme is mainly funded by extra-budgetary resources provided by governments or donor agencies. Administrative charges are levied for the execution of projects on a cost-recovery basis, and revenues raised from these charges are administered through the Technical Cooperation Administrative and Operational Services Cost (AOSC) Fund.

 

The AOSC Fund covers the cost of the administration, operation and support of the Technical Cooperation Programme, including the Technical Cooperation Bureau's staff costs, general operating expenses and equipment. Regular Programme expenditures for services provided to the Technical Cooperation Programme are also recovered from the AOSC Fund.

 

The Canadian dollar is the base currency for the budgets and accounts of the proprietary funds of the Organization, including the AOSC Fund. However, funds administered on behalf of third parties, such as those established to manage technical cooperation projects, are recorded in United States dollars.

 

Annual AOSC surpluses or deficits are the result of the excess or shortfall of income over expenditures for a given year. The accumulated AOSC surplus on 31 December 2013 was CAD 3.2 million. These funds are used to cover possible deficits in programme operations as well as to pay, if necessary, termination indemnities to staff.

 

Estimated results show a surplus of CAD 1.1 million in 2013. The average overhead rate charged to amounted to 6.1 per cent.

 


  

For general information on the Technical Cooperation Programme and services offered by ICAO’s Technical Cooperation Bureau, refer to the following link.

 

Detailed information on technical cooperation and technical assistance projects implemented in 2013 can be found in Appendix 2 to this Report.

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