Capacity Development Facility Sample Clauses

Capacity Development Facility. 1. In order to respond to demands arising in the Pilot Provinces, Beneficiaries may submit for approval proposals for activities to be financed under the Project based on rules and procedures set forth in the Project Manuals, giving details of: (a) activities to be financed, proposed Beneficiaries and evidence of satisfaction of eligibility criteria; and (b) arrangements and procedures for preparation, appraisal, approval, implementation, and monitoring and evaluation of such activities. 2. Such proposals will be: (a) submitted by Beneficiaries to the relevant Review Committee for a preliminary review of suitability and fulfillment of eligibility criteria; (b) transferred to SC for screening and approval, it being specified that such activities shall not be for an amount in excess of $140,000 equivalent and that their implementation period shall not exceed one year; and thereafter (c) submitted to the Association for its written no objection. 3. Any activities thus approved for financing under the Project will follow the procedures agreed for other activities under the Project in particular with respect to procurement, financial management and other fiduciary arrangements under the responsibility of CDP and PCT.