Projects being submitted for approval through the PIMS must:
- be endorsed by the Accounting Officer (Permanent Secretary) of the Portfolio Ministry;
- be consistent with the current strategic business plan and expenditure ceilings set out in the Budget Call;
- reflect the recurrent budget that is being implemented under the current PSIP;
- be aligned with the medium and long term strategic priorities for the Government, and
- be supported by a properly defined logical framework and accompanying budget.
Projects that have successfully advanced through the PIMS approval process are eligible to be included in the PSIP.
Figure 1 provides a visual alignment of the project cycle to the PIMS.
The PIMS process involves key entities which play varying roles at different stages of the process depending on the type of funding to be used to finance the public investment project. They include: the Ministry of Finance and the Public Service, Development Bank of Jamaica and Planning Institute of Jamaica. The process therefore embraces slight modifications depending on the source of funding, some of which are set out below:
- Bilateral and Multilateral Loans
- GoJ Revenue
- Public Private Partnership
- Unsolicited Proposals