Common use of Annual Work Plans and Budgets Clause in Contracts

Annual Work Plans and Budgets. 1. Not later than September 30 of each year during the implementation of the Project, the Project Implementing Entity shall prepare and furnish to the Recipient for inclusion in the Annual Work Plan and Budget, its annual work plan and budget containing all eligible activities and expenditures under its Respective Part of the Project planned for the following Fiscal Year, including a specification of the source or sources of financing for each contract for expenditures eligible for financing from each such source and the percentage of financing of each contract from each such source. 2. The Project Implementing Entity shall not make or allow to be made any material change to the approved Annual Work Plan and Budget without prior approval in writing by the Recipient and the Association.

Annual Work Plans and Budgets. 1. Not The Recipient shall prepare and furnish to the Association for its approval, not later than September November 30 of each year during the implementation of the Project, the Project Implementing Entity shall prepare and furnish to the Recipient for inclusion in the an Annual Work Plan and Budget, its annual work plan and budget Budget containing all eligible Project activities and expenditures under its Respective Part of the Project planned for the Recipient’s following Fiscal Yearfiscal year and shall ensure that the Project is implemented in accordance with the approved Annual Work Plans and Budgets; provided, including a specification however, that in case of any conflict between the source or sources of financing for each contract for expenditures eligible for financing from each such source Annual Work Plans and Budgets and the percentage provisions of financing this Agreement, the provisions of each contract from each such sourcethis Agreement shall prevail. 2. The Project Implementing Entity Recipient shall not make or allow to be made any material change to the approved Annual Work Plan and Budget without prior approval agreement in writing by the Recipient and of the Association.

Annual Work Plans and Budgets. 1. Not later than September 30 of each year during the implementation of the Project, the Project Implementing Entity shall prepare and furnish to the Recipient for inclusion in the Annual Work Plan and Budget, its annual work plan and budget containing all eligible activities and expenditures under its Respective Part of the Project planned for the following Fiscal YearFY, including a specification of the source or sources of financing for each contract for expenditures eligible for financing from each such source and the percentage of financing of each contract from each such source. 2. The Project Implementing Entity shall not make or allow to be made any material change to the approved Annual Work Plan and Budget without prior approval in writing by the Recipient and the Association.