Under the Basic Needs Trust Fund Sixth Programme (BNTF 6) approved by the Caribbean Development Bank (CDB) Board of Directors (BOD) at its Two Hundred and Thirty-Second Meeting held on July 24, 2008 pursuant to Paper BD70/08, CDB was required to engage independent consultants to complete the Programme Closing Report (PCR). Additionally, under the terms of the Basic Needs Trust Fund Seventh and Eighth Programmes approved by BOD at its Two Hundred and Fifty-Third and Two Hundred and Sixty-Fourth Meetings held on October 23, 2012 and December 11, 2014 pursuant to Paper BD101/12 and BD83/14 respectively, CDB was required to engage independent consultants to conduct a composite Mid-Term Evaluation (MTE) of BNTF 7 and 8. The BNTF 7 Paper stated that a MTE will be completed within two years of satisfaction of conditions precedent of the Grant Agreements. BNTF 8 Paper stated that the MTE would be done simultaneously with BNTF 7.