Common use of RESPONSIBILITIES OF THE INSTITUTION Clause in Contracts

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 4, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 2 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 43, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 3 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG PATN CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 4, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG I3N CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 1 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 42, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 3.1, 3.2 and 3.2 3.3 in accordance with Section 2. (a) and (b) of Annex 4 2 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed deems necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of (5) five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not no later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within (3) three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. ‌ 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 2 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 43, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 3 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG I3N CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 4, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG SSTN CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 4, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG I3N CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.

RESPONSIBILITIES OF THE INSTITUTION. 4.1. The Institution shall: a. In accordance with its Project Proposal set out in Annex 3 2 to this Agreement, be responsible for Project execution and the monitoring of the achievement of the Project; b. Procure goods and services required for Project execution in accordance with Sections 1. (a) and (b) of Annex 43, Guidelines for Project Implementation, during the effective period of this Agreement; c. Comply with the reporting requirements set out in Articles 3.1 and 3.2 in accordance with Section 2. (a) and (b) of Annex 4 3 Guidelines for Project Implementation, during the effective period of this Agreement; d. Cooperate fully with the representatives that GS/OAS or the Bank designates in writing, including representatives of the IABIN CATALOG I3N CI as these are defined in Section 1.02. (a) of Annex I to this Agreement, to carry out periodic oversight of the Project and to perform such Project evaluations as GS/OAS or the Bank may be deemed necessary. To this end, the Institution shall allow such persons free access to the premises on which the Project is being executed and to all property, staff, and technical and financial documents pertaining to the Project; e. Maintain an accounting system, including records and accounts in accordance with generally accepted accounting principles, and a financial management system adequate to reflect its progress and financial condition and to register separately the operations, resources and expenditures related to the Project; f. Keep income and expense vouchers and/or supporting documents for the accounting records of the transactions made with the Project funds for a period of five years after the Agreement is completed; g. Reimburse any funds contributed by GS/OAS under this Agreement that are unused not later than 60 days after the termination date of this Agreement. This amount shall be reimbursed by means of a remittance in United States dollars, payable to GS/OAS; and h. In the event that GS/OAS proposes to conduct an audit of the Project funds contributed by GS/OAS during the effective period of this Agreement and/or within three years after the date of completion of the Project, the Institution shall facilitate to GS/OAS representatives such information on financial or operational matters or financial records related to the Project as may be requested and shall allow full, free, and unrestricted access to the functions, activities, operations, records, property, and staff of the Institution, and to the relevant technical and financial documents.