Disbursement Arrangements. The table in Schedule 1 sets out the disbursement methods which may be used by the Borrower, information on registration of authorized signatures, processing of withdrawal applications (including minimum value of applications and processing of advances), instructions on supporting documentation, and frequency of reporting on the Designated Account.
Disbursement Arrangements. The table in Schedule 1 of this DFIL sets out the disbursement methods which may be used by the Recipient, information on registration of authorized signatories, processing of Withdrawal Applications (including the processing of advances from the Advance), instructions on supporting documentation, and reporting of advances. The Disbursement Guidelines for Investment Project Financing, dated February 2017 (“Disbursement Guidelines”), are available on the Bank’s secure website “Client Connection” at xxxxx://xxxxxxxxxxxxxxxx.xxxxxxxxx.xxx and its public website at xxxxx://xxx.xxxxxxxxx.xxx. The Disbursement Guidelines are an integral part of the DFIL, and the manner in which the provisions in the Disbursement Guidelines apply to the Project Preparation Advance is specified below.
Disbursement Arrangements. (a) Start-up Advance. Withdrawals in respect of expenditures for start-up costs incurred before the satisfaction of the general conditions precedent to withdrawal shall not exceed an aggregate amount of EUR 280,000 for expenditure in categories II and IV. Activities to be financed by start-up costs will require the no objection from IFAD to be considered eligible. Schedule 3
Disbursement Arrangements. 19. The Loan and Grant proceeds will be disbursed in accordance with ADB’s Loan Disbursement Handbook (2015, as amended from time to time), and the detailed arrangements agreed upon between the government and ADB as set out in the FAM. DOW will maintain separate bank accounts for each tranche. ADB Financing Agreements PNG PARD DTR DOW XXXX PNRM PMO ADVISORS/ CONSULTANTS ADB TRANSPORT TEAM SUPERVISION CONSULTANTS WORKS CONTRACTORS DOW-PMO TEAM Figure 1: Organization Structure for Project Management Figure 2: Indicative Implementation Schedule 2017 2018 2019 2020 2021 2022 0000 0000 0000 2026 2027 Program Activities 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
Disbursement Arrangements. The Disbursement Arrangements will be set forth in detail in the Letter to the Borrower.
Disbursement Arrangements. General Provisions (Schedule 1). The table in Schedule 1 sets out the disbursement methods which may be used by the Recipient, information on registration of authorized signatures, processing of withdrawal applications (including minimum value of applications), instructions on supporting documentation.
Disbursement Arrangements. (a) Start-up Costs. Withdrawals in respect of expenditures for start-up costs (in Component 3 and Project management) incurred before the satisfaction of the General Conditions precedent to withdrawal shall not exceed an aggregate amount of USD 200,000. Activities to be financed by Start-up Costs will require the no-objection from IFAD to be considered eligible.
Disbursement Arrangements. Start-up Costs. Withdrawals in respect of expenditures for start-up costs (in Categories: (i) Goods, Services & Inputs; (ii) Consultancies, Training & Workshops and (iii) Recurrent Costs) incurred before the satisfaction of the general conditions precedent to withdrawal shall not exceed an aggregate amount of four hundred thousand United States Dollars (US$ 400 000). Activities to be financed by Start-up Costs will require the no objection from IFAD to be considered eligible. Schedule 3
Disbursement Arrangements. In order to increase the quality of operations and ensure good business practices, the financial management will be separated from other functions of the National Focal Point. Management of all operations related to financial transactions will be assigned to the State Treasury Department of the Ministry of Finance. The responsibility of the State Treasury Department of the Ministry of Finance is to: • manage the accounts on which grants from the EEA Financial Mechanism are kept; • check the applications for payment prepared by the CPMA; • ensure that payments are made to beneficiaries as quickly as possible; • store all relevant documents relating to projects implemented within the EEA Financial Mechanism for 10 years after the completion of projects. The CPMA will be responsible for checking and certification of the payment claims to the FMO.
Disbursement Arrangements. (a) Co-financing arrangement. The Project will be managed under a co-financing arrangement with ADB as the Cooperating Institution (CI) whereby all Project activities will be jointly financed, and funds will be disbursed in agreed proportions which can be revised from time to time with ADB on a pari-passu basis through an agreement between ADB and IFAD.
