The Government and the Accountable Entity. The Government will take all appropriate actions to carry out its responsibilities in connection with this Agreement and the Program. To do so, the Government has designated the Accountable Entity pursuant to Section 3.2(b) to implement the Program and to exercise and perform the Government’s right and obligation to oversee, manage, and implement the Program, including without limitation, managing the implementation of the Projects, allocating resources and managing procurements. Specifically, the Accountable Entity will have operational and legal independence, including, inter alia, the ability to (1) enter into contracts in its own name; (2) xxx and be sued; (3) establish a bank account in its own name; (4) expend Grant funding; and (5) engage contractors, consultants, and/or grantees. The internal operations of the Accountable Entity will be governed by the terms and conditions of this Agreement, any related MCC policies and the Governing Documents, which will include bylaws providing further details on the Accountable Entity’s internal operations. The bylaws must be in form and substance acceptable to MCC. The governance structure of the Accountable Entity will include a board of directors (the “Board”) that will have ultimate responsibility for the oversight, direction, and decisions of the Accountable Entity, as well as the overall implementation of the Program. It comprises seven voting members. The Board is initially expected to include the following voting members:
The Government and the Accountable Entity. The Government will take all appropriate actions to carry out its responsibilities in connection with this Agreement and the Program. To do so, the Government has designated the Accountable Entity pursuant to Section 3.2(b) to implement the Program and to exercise and perform the Government’s right and obligation to oversee, manage and implement the Program, including without limitation, managing the implementation of the Projects, allocating resources and managing procurements. The Grant will support compensation for the following positions (each an “Officer” and collectively, “Officers”) at the Accountable Entity: General Director; Legal Counsel; Finance and Administrative Director; Procurement Director or Specialist; M&E Director and M&E Specialist; and Threshold Program Director and Deputy Director or Specialist. The Government will ensure that Government ministries, departments, agencies and entities cooperate with the Accountable Entity in the implementation of the Program. As needed, the Accountable Entity and such other Government ministries, departments, agencies and entities will enter into appropriate agreements to memorialize such cooperation and to assure the sustainability and maintenance of any Program Assets. As needed, the Accountable Entity will enter into contracts, grants, cooperative agreements or any other, similar arrangements with providers of goods and/or services in order to carry out the Program.
The Government and the Accountable Entity. The Government will take all appropriate actions to carry out its responsibilities in connection with this Agreement and the Program. To do so, the Government has designated the Accountable Entity pursuant to Section 3.2(b) to implement the Program and exercise the rights and obligations of the Government to supervise, administer and implement the Program (other than the MCC- Administered Activities), including without limitation, managing the implementation of the Projects, allocating resources and managing procurements. Moreover, the Grant may be used to support the compensation of the staff of the Accountable Entity, upon prior approval in writing by the MCC. The Government will ensure that Government ministries, agencies, and entities cooperate with the Accountable Entity in the implementation of the Program. The entities benefitting from the Program are the Ministry of Education, SAT and ANADIE. The definition of the responsibilities and obligations of each entity, will be agreed in an institutional agreement to be signed by the Accountable Entity with each beneficiary entity, in the framework established by this Agreement. In the event that any of the beneficiary entities receive Program Assets from proceeds of the Grant, and with the prior consent of MCC, the beneficiary entities will register such assets in their inventories.
The Government and the Accountable Entity
