Operational Manual. 1. The Recipient shall carry out the Project in accordance with the provisions of a manual (the Operations Manual), which shall include, inter alia: (a) a detailed description of Project activities and institutional arrangements for the Project, including the eligibility and selection criteria for respective parties’ participation under relevant Parts of the Project; (b) the Project administrative, accounting, auditing, reporting, financial (including cash flow aspects in relation thereto), procurement and disbursement procedures; (c) the forms of Parametric Insurance Contracts including the policies and procedures that govern the Insurance Payouts; and (d) the terms and conditions to be included in the Risk Transfer Contracts. 2. Except as the Recipient and the World Bank may otherwise agree in writing, the Recipient shall not abrogate, amend, suspend, waive or otherwise fail to enforce the Operations Manual or any provision thereof.
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Sources: Grant Agreement, Grant Agreement, Grant Agreement