Common use of Fiscal Accountability Plan Clause in Contracts

Fiscal Accountability Plan. Except as MCC otherwise agrees, the Government will develop, adopt and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that will be used to ensure appropriate fiscal accountability for the use of the Grant funding for the Government Contracted Activities, 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: (i) budgeting (including with respect to allocations for working capital), (ii) accounting, (iii) cash management, (iv) financial transactions (receipts and payments), (v) opening and managing Permitted Accounts, (vi) personnel and payroll, (vii) travel and vehicle use, (viii) asset and inventory control, (ix) audits, and (x) reporting.

Appears in 1 contract

Samples: Grant Agreement

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Fiscal Accountability Plan. Except as MCC otherwise agreesagrees otherwise, the Government MCA-Malawi will develop, adopt develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MCA-Malawi will be used use to ensure appropriate fiscal accountability for the use of the Grant funding for the Government Contracted ActivitiesMCC 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: to (ia) budgeting (including with respect to allocations for working capital)budgeting, (iib) accounting, (iiic) cash management, (ivd) financial transactions (receipts and payments), (ve) opening and managing Permitted Accounts, (vif) personnel and payroll, (viig) travel and vehicle use, (viiih) asset and inventory control, (ixi) audits, and (xj) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

Fiscal Accountability Plan. Except as MCC agrees otherwise agreesin writing, the Government XxXX will develop, adopt develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MiDA will be used use to ensure appropriate fiscal accountability for the use of the Grant funding for the Government Contracted ActivitiesMCC 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: to (ia) budgeting (including with respect to allocations for working capital)budgeting, (iib) accounting, (iiic) cash management, (ivd) financial transactions (receipts and payments), (ve) opening and managing Permitted Accounts, (vif) personnel and payroll, (viig) travel and vehicle use, (viiih) asset and inventory control, (ixi) audits, audits and (xj) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

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Fiscal Accountability Plan. Except as MCC otherwise agreesagrees otherwise, the Government MCA-Jordan will develop, adopt develop and implement a manual (as approved by MCC) setting forth the principles, mechanisms and procedures (the “Fiscal Accountability Plan”) that MCA-Jordan will be used use to ensure appropriate fiscal accountability for the use of the Grant funding for the Government Contracted ActivitiesMCC 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: to (ia) budgeting (including with respect to allocations for working capital)budgeting, (iib) accounting, (iiic) cash management, (ivd) financial transactions (receipts and payments), (ve) opening and managing Permitted Accounts, (vif) personnel and payroll, (viig) travel and vehicle use, (viiih) asset and inventory control, (ixi) audits, and (xj) reporting. The Fiscal Accountability Plan will be revised periodically, subject to review and approval by MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

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