Advance Contracting and Retroactive Financing Sample Clauses

Advance Contracting and Retroactive Financing. Advance Contracting and Retroactive Financing shall be carried out in accordance with the Procurement Guidelines or Consultant Guidelines, as the case may be, up to an amount of US$850,000 equivalent for each Entity.
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Advance Contracting and Retroactive Financing. The following items shall not be eligible expenditures for retroactive financing under this Financing Agreement: (i) free textbooks procured under contract; and
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Advance Contracting and Retroactive Financing. 1.9 The process of identifying and selecting contractors for the provision of goods, works or non- consultant services to implement projects funded under the Compact before the Compact enters into force is referred to as advance contracting. Similarly, payments made under a contract that is signed prior to the Compact entering into force for which MCA-Namibia would seek reimbursement from MCC is known as retroactive financing. MCA-Namibia will not engage in any advance contracting or be entitled to any retroactive financing, without the prior approval of MCC. Joint Ventures
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Advance Contracting and Retroactive Financing. Under each loan of the Facility, advance contracting of civil works and equipment and materials, and recruitment of consulting services may be requested subject to these being eligible in accordance with agreed procedures and guidelines as above. Except as otherwise agreed with ADB, the expenditures incurred for civil works, equipment and materials and consulting service eligible for advance contracting will be eligible for retroactive financing of up to 20% of the proposed amount for the loans under the Facility for eligible expenditures, including consultants, goods, and civil works, incurred prior to effectiveness of each of the loan, but no earlier than 12 months before the signing of the respective loan agreement and project agreement for the loan under the Facility. India and the State have been advised that ADB’s approval of advance contracting and retroactive financing does not constitute a commitment to finance relevant projects under this Facility. Disbursements of each loan proceeds, under the Facility, will be in accordance with ADB’s Loan Disbursement Handbook,(January 2007, as amended from time to time). Each loan under the Facility will have its own imprest account in the Reserve Bank of India. The amount at any given time in the imprest account shall be equivalent to 6 months of estimated expenditures or 10% of the related loan amount, whichever is lower. Individual payments under the statement of expenditures Monitoring, Evaluation and Reporting Arrangements Representations and Warranties procedures (SOE) will not exceed the equivalent of $100,000. The Investment Program Management Unit (IPMU) will establish an Investment Program Performance Monitoring System (IPPMS) acceptable to ADB within 3 months of the effectiveness of the first loan under the Facility and under each succeeding loans in accordance with the Investment Program and individual project performance indicators including those in the Design and Monitoring Framework (Schedule 2). IPMU will establish baseline data for each of the selected indicators and will conduct annual surveys with the assistance of consultants and update ADB and GoR on the progress against each indicator. The IPMU will also provide ADB with quarterly progress reports on the implementation of each individual subproject within 45 days of the end of each quarter. The progress reports will cover progress made during the period of review; changes to the implementation schedule, if any; problems or difficulties ...
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Advance Contracting and Retroactive Financing. 8. Due to the urgency of meeting the targets of the 11th Five-Year Plan and the stimulus package, the Government requested for approval of advance contracting and retroactive financing of up to 20% of the first loan proceeds, for expenditures incurred and paid for but not earlier than 12 months before the date of the loan agreement. This request was approved on 9 September 2009. The Government has been informed that provision of advance contracting and procurement and retroactive financing does not commit ADB to finance the tranches. For subsequent tranches, retroactive financing of otherwise eligible expenditures may be considered and allowed by ADB Management when included in a PFR. Total retroactive financing will not exceed an amount equivalent to 20% of the individual loan and must have been incurred not more that 12 months before the signing of the related legal agreements.
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Advance Contracting and Retroactive Financing. Contracts may be procured under advance contracting or retroactive financing procedures in accordance with the provisions of paragraph 1.9 of the Guidelines. Part D: Review by the Association of Procurement Decisions
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Advance Contracting and Retroactive Financing. 6. All advance contracting will be undertaken in conformity with ADB’s Procurement Policy (2017, as amended from time to time) and the Procurement Regulations for ADB Borrowers (2017, as amended from time to time). The Invitation for Bid, Bidding Documents and relevant clarifications and addendum, and Bid Evaluation Reports under advance contracting will be subject to ADB’s prior review and approval. PRC has been advised that approval of advance contracting does not commit ADB to finance the outputs/subprojects.
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Related to Advance Contracting and Retroactive Financing

  • Employee Facilities Employee Facilities. Restrooms and attendant facilities shall be provided as required in the orders and regulations of the State of Washington Department of Labor and Industries. A good faith effort will be made by the Employer to provide facilities for employees’ personal belongings.

  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

  • Certification for Federal-Aid Contracts Lobbying Activities A. The CONSULTANT certifies, by signing and submitting this Contract, to the best of its knowledge and belief after diligent inquiry, and other than as disclosed in writing to the LPA prior to or contemporaneously with the execution and delivery of this Contract by the CONSULTANT, the CONSULTANT has complied with Section 1352, Title 31, U.S. Code, and specifically, that:

  • Interstate Educational Personnel Contracts 1. The designated state official of a party state may make 1 or more contracts on behalf of his state with 1 or more other party states providing for the acceptance of educational personnel. Any such contract for the period of its duration shall be applicable to and binding on the states whose designated state officials enter into it, and the subdivisions of those states, with the same force and effect as if incorporated in this agreement. A designated state official may enter into a contract pursuant to this article only with states in which he finds that there are programs of education, certification standards or other acceptable qualifications that assure preparation or qualification of educational personnel on a basis sufficiently comparable, even though not identical to that prevailing in his own state.

  • New Mexico Employees Health Coverage A. If Contractor has, or grows to, six (6) or more employees who work, or who are expected to work, an average of at least 20 hours per week over a six (6) month period during the term of the contract, Contractor certifies, by signing this agreement, to have in place, and agrees to maintain for the term of the contract, health insurance for its New Mexico Employees and offer that health insurance to its New Mexico Employees if the expected annual value in the aggregate of any and all contracts between Contractor and the State exceeds $250,000 dollars.

  • Group Health Benefit Plans, Carrier and Premiums 7.1.1 When enrolment and other requirements for group participation in various plans have been met, the Employer will sponsor such plans to the portion agreed upon and such sponsorship shall not exceed that which is authorized or accepted by the benefit agency.

  • Extended Health Plan (a) The Employer will pay 100% of the monthly premiums for the extended health care plan that will cover the employee, their spouse and dependent children, provided they are not enrolled in another plan.

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