Common use of Third party co-financing reporting Clause in Contracts

Third party co-financing reporting. The Executing Agency shall ensure that the legal instruments prepared with its project partners require partners to report, on an annual basis, the actual co-financing received versus committed at the time of project approval by the GEF, and provide assurances that the identified in-kind resources be: • Dedicated uniquely to the GEF project; • Valued at the lower of cost or market value of the required inputs they provide for the project; • Monitored with documentation available for any project evaluation;

Appears in 2 contracts

Samples: Project Cooperation Agreement, Project Cooperation Agreement

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Third party co-financing reporting. The Executing Agency Division shall ensure that the legal instruments prepared with its project partners require partners to report, on an annual basis, the actual co-financing received versus committed at the time of project approval by the GEF, and provide assurances that the identified in-kind resources be: • Dedicated : a) dedicated uniquely to the GEF project; • Valued at ; b) valued as the lower of cost or market value of the required inputs they provide for the project; • Monitored and c) monitored with documentation available for any evaluation or project evaluation;audit.

Appears in 1 contract

Samples: Internal Cooperation Agreement

Third party co-financing reporting. The Executing Agency shall ensure ens ure that the legal instruments prepared with its project partners require partners to report, on an annual basis, the actual co-financing received versus committed at the time of project approval by the GEF, and provide assurances that the identified in-kind resources be: Dedicated uniquely to the GEF project; Valued at the lower of cost or market value of the required inputs they provide for the project; Monitored with documentation available for any project evaluation;

Appears in 1 contract

Samples: Project Cooperation Agreement

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Third party co-financing reporting. The Executing Agency shall ensure that the legal instruments prepared with its project Project partners require partners to report, on an annual basis, the actual co-financing received versus committed at the time of project Project approval by the GEF, and provide assurances that the identified in-kind resources be: • Dedicated uniquely to the GEF project; • Valued at the lower of cost or market value of the required inputs they provide for the projectProject; • Monitored with documentation available for any project evaluationevaluation or Project audit;

Appears in 1 contract

Samples: Project Cooperation Agreement

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