Common use of Procurement Audits Clause in Contracts

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. SCHEDULE 3 Repayment Schedule Date Payment Due Principal Amount of the Credit repayable (expressed as a percentage)* On each May 15 and November 15 Commencing November 15, 2016 to and including May 15, 2026 1% Commencing November 15, 2026 to and including May 15, 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. SCHEDULE 3 Repayment Schedule Date Payment Due Principal Amount of the Credit repayable (expressed as a percentage)* On each May 15 January 1 and November 15 Commencing November 15July 1: commencing July 1, 2016 to and including May 15January 1, 2026 1% Commencing November 15commencing July 1, 2026 to and including May 15January 1, 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Procurement Audits. The Recipient shallshall cause BOT, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, to furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. SCHEDULE 3 Repayment Schedule Date Payment Due Principal Amount of the Credit repayable (expressed as a percentage)* On each May 15 and November 15 Commencing commencing November 15, 2016 to and including May 15, 2026 1% Commencing November 15, 2026 to and including May 15, 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. SCHEDULE 3 Repayment Schedule Date Payment Due Principal Amount of the Credit repayable (expressed as a percentage)* On each May March 15 and November September 15 Commencing November September 15, 2016 2016, to and including May March 15, 2026 2026. 1% Commencing November commencing September 15, 2026 2026, to and including May March 15, 2046 2046. 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.. APPENDIX

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. SCHEDULE 3 Repayment Schedule Date Payment Due Principal Amount of the Credit repayable (expressed as a percentage)* On each May March 15 and November September 15 Commencing November September 15, 2016 2016, to and including May March 15, 2026 2026. 1% Commencing November commencing September 15, 2026 2026, to and including May March 15, 2046 2046. 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.