Third-Party Monitoring, Payment Agencies and Grievance Mechanism. 1. No later than three (3) months after the Signature Date, the Recipient shall update and thereafter maintain throughout its Respective Parts of Project implementation, Third-Party Monitoring Agent(s), on the terms of reference satisfactory to the Association, to be financed out of the proceeds of the Financing as set forth in the table under Section IV.A. of Schedule 2 to this Agreement, to carry out Third Party Monitoring of the Project implementation. Names and summary of the qualifications of the recommended firm for the contract of the Third-Party Monitoring Agent(s) will be shared with the Association prior to contract award. The Association shall have five (5) business days to raise any concerns with the Recipient regarding the recommended firm.
Third-Party Monitoring, Payment Agencies and Grievance Mechanism. 1. No later than three (3) months after the Effective Date, the Recipient shall update and thereafter maintain throughout its Respective Parts of Project implementation, Third-Party Monitoring Agent(s), on the terms of reference satisfactory to the Association, to be financed out of the proceeds of the Financing as set forth in the table under Section IV.A. of Schedule 2 to this Agreement, to carry out Third Party Monitoring of the Project implementation. The Recipient shall share with the Association summary of qualifications of the recommended candidate entity(ies) for the contract of the Third-Party Monitoring Agent(s) prior to their hiring.
