Common use of Fiscal Accountability Plan Clause in Contracts

Fiscal Accountability Plan. Except as MCC agrees otherwise in writing, MiDA will develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MiDA will use to ensure appropriate fiscal accountability for the use of MCC Funding, including the process to ensure that open, fair, and competitive procedures will be used in a transparent manner in the administration of grants or cooperative agreements and in the procurement of goods, works and services. The Fiscal Accountability Plan will also include, among other things, requirements with respect to (a) budgeting, (b) accounting, (c) cash management, (d) financial transactions (receipts and payments), (e) opening and managing Permitted Accounts, (f) personnel and payroll, (g) travel and vehicle use, (h) asset and inventory control, (i) audits and (j) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Fiscal Accountability Plan. Except as MCC agrees otherwise in writing, MiDA XxXX will develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MiDA will use to ensure appropriate fiscal accountability for the use of MCC Funding, including the process to ensure that open, fair, and competitive procedures will be used in a transparent manner in the administration of grants or cooperative agreements and in the procurement of goods, works and services. The Fiscal Accountability Plan will also include, among other things, requirements with respect to (a) budgeting, (b) accounting, (c) cash management, (d) financial transactions (receipts and payments), (e) opening and managing Permitted Accounts, (f) personnel and payroll, (g) travel and vehicle use, (h) asset and inventory control, (i) audits and (j) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Fiscal Accountability Plan. Except as MCC agrees otherwise in writingotherwise, MiDA MCA-Malawi will develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MiDA MCA-Malawi will use to ensure appropriate fiscal accountability for the use of MCC Funding, including the process to ensure that open, fair, and competitive procedures will be used in a transparent manner in the administration of grants or cooperative agreements and in the procurement of goods, works and services. The Fiscal Accountability Plan will also include, among other things, requirements with respect to (a) budgeting, (b) accounting, (c) cash management, (d) financial transactions (receipts and payments), (e) opening and managing Permitted Accounts, (f) personnel and payroll, (g) travel and vehicle use, (h) asset and inventory control, (i) audits audits, and (j) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Fiscal Accountability Plan. Except as MCC agrees otherwise in writingotherwise, MiDA MCA-Jordan will develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MiDA MCA-Jordan will use to ensure appropriate fiscal accountability for the use of MCC Funding, including the process to ensure that open, fair, and competitive procedures will be used in a transparent manner in the administration of grants or cooperative agreements and in the procurement of goods, works and services. The Fiscal Accountability Plan will also include, among other things, requirements with respect to (a) budgeting, (b) accounting, (c) cash management, (d) financial transactions (receipts and payments), (e) opening and managing Permitted Accounts, (f) personnel and payroll, (g) travel and vehicle use, (h) asset and inventory control, (i) audits audits, and (j) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.