Organizational Capacity Reviews Sample Clauses

Organizational Capacity Reviews. Effective Date: 01/13/2020 An Organizational Capacity Review (OCR) is a “desk review” of a PIO’s policy and organizational framework and operational and managerial capacity. The purpose of an OCR is to conduct a high-level assessment of whether or not a PIO is organizationally capable of adequately safeguarding USAID resources, and to highlight any significant concerns, considerations, or risks that should be taken into account in working with the PIO. Because OCRs inform USAID funding decisions, each OCR must be supported by substantive due diligence. OCRs should be updated at least every five years but may be updated more frequently if specific circumstances warrant earlier reviews. Prior to entering into an agreement with a PIO, the Agency must conduct an OCR for the PIO which must be approved by either PPL/DC (Category 1) or the AO (Category 2). The AO must ensure that an appropriate OCR has been executed and transmit an approved copy to PPL/DC within 30 days of obligating funding. When conducting an OCR, PPL/DC (Category 1) or the AO (Category 2) should consider and evaluate the following: ● The quality of the PIO's past performance with respect to USG and other donor- funded projects, including compliance with the terms and conditions of the funding agreements, efficiency and effectiveness of implementation, and extent of results achieved; ● Internal and external audits, reviews, evaluations, and assessments of a XXX’s USG-funded programs, including but not limited to those performed by the PIO itself, independent auditors, U.S. Government Agency Inspectors General, the GAO, and the Departments of State and Treasury; ● PIO assessments by non-USG organizations, including the Multilateral Organization Performance Assessment Network (MOPAN), bilateral development partner reviews, and the Common Performance Assessment System for multilateral development banks (COMPAS); ● The XXX's most recent audited financial statements as prepared in accordance with the PIO's charter or governance structure and the independent auditor’s opinion on those financial statements; ● Applicable PIO policies and procedures regarding financial management, risk management and internal controls, procurement, property-management, audits, human resources, environmental and social safeguards, and other relevant and/or required policies (see section 308.3.10); ● PIO policies and procedures regarding business integrity, ethics, sexual exploitation and abuse, conflicts of interest, and...
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Related to Organizational Capacity Reviews

  • INDEPENDENT CAPACITY The employees or agents of each party who are engaged in the performance of this Agreement shall continue to be employees or agents of that party and shall not be considered for any purpose to be employees or agents of the other party.

  • INDEPENDENT CAPACITY OF THE CONTRACTOR The parties intend that an independent contractor relationship will be created by this contract. The CONTRACTOR and his or her employees or agents performing under this contract are not employees or agents of the AGENCY. The CONTRACTOR will not hold himself/herself out as or claim to be an officer or employee of the AGENCY or of the State of Washington by reason hereof, nor will the CONTRACTOR make any claim of right, privilege or benefit that would accrue to such employee under law. Conduct and control of the work will be solely with the CONTRACTOR.

  • Independent Capacity of Contractor The Contractor and Contractor Parties shall act in an independent capacity and not as officers or employees of the state of Connecticut or of the Agency.

  • Financial Capacity Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

  • Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

  • Contract Capacity The generation capability designated for the Project shall be the contract capacity in MW designated in the Cover Sheet, net of all auxiliary loads, station electrical uses, and Electrical Losses (the “Contract Capacity”). Throughout the Delivery Term, Seller shall sell and deliver all Product produced by the Project solely to Buyer. In no event shall Buyer be obligated to receive, in any Settlement Interval, any Surplus Delivered Energy. Seller shall not receive payment for any Surplus Delivered Energy. To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.]

  • Financial Capability At Closing, the Investor will have available funds necessary to consummate the Closing on the terms and conditions contemplated by this Agreement and has the ability to bear the economic risks of its prospective investment in the Purchased Shares and can afford the complete loss of such investment.

  • Not Acting in Individual Capacity Except as provided in this Article VI, in accepting the trusts hereby created Wilmington Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

  • Personnel Capabilities The Applicant should list down personnel of minimum qualification as specified in the Qualification Criteria

  • FREQUENCY AND CAPACITY LEVELS No restriction on frequency, capacity and aircraft type

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