Meeting the Deadline: Better Cotton Seeks Partner for Due Diligence Rollout in Mali
Kigali, Rwanda - February 2, 2022
The Better Cotton Initiative (BCI) has announced a request for proposal for a partner to conduct due diligence (DD) rollouts in Mali. The deadline for submissions is March 13, 2022.
Promoting Sustainable Cotton Production
In its latest move to promote sustainable cotton production and reduce social and environmental risks, BCI is seeking a reliable partner to support the rollout of its DD questionnaire in Mali. The chosen partner will be responsible for providing clear and consistent feedback to Implementing Partners (IPs) on their responses to ensure comprehensive answers.
Feedback Process
The feedback process involves assessing whether questions have been answered completely, requesting clarity where necessary, and ensuring that IP responses are specific and accurate.
Key Tips for Providing Feedback
- Provide clear and concise feedback in a dedicated column of the excel file
- Assess question completeness, clarity, and specificity
- Request additional information or clarification when necessary
Validation Process
BCI has outlined a five-step process for validating IP responses against its evaluation rubric:
Five-Step Validation Process
- Validating Policies: Review content and quality of policies/procedure documentation
- Validating Question Responses: Cross-reference and validate questions
- Leveraging Question Responses: Use information/documentation to support justification for grade provided
- Risk Grading: Apply risk guidance notes for high, medium, or low risk grade allocation
- Writing a Response on Your Grading: Provide written justification for the risk score
Objectivity and Fact-Based Approach
BCI emphasizes the importance of objectivity and fact-based approach when validating responses. The organization is seeking a partner that can demonstrate expertise in due diligence, risk assessment, and reporting.
How to Submit a Proposal
Interested parties are encouraged to submit their proposals by March 13, 2022, to be considered for this critical partnership.
Contact Information
Better Cotton Initiative [Email] [Phone]
About Better Cotton Initiative (BCI)
The BCI is a global initiative that promotes sustainable cotton production through the development of best practices and standards. Its mission is to improve the environmental, social, and economic sustainability of the cotton industry.