Common use of Implementation Framework Clause in Contracts

Implementation Framework. Implementation Plan. The Parties agree that the framework for the Program’s implementation shall be further elaborated in a set of documents, in form and substance approved by MCC, consisting of (i) a Work Plan, (ii) a Detailed Financial Plan, (iii) an Audit Plan, and (iv) a Procurement Plan (each, an “Implementation Plan Document” and collectively the “Implementation Plan”). MCA-Mongolia shall submit its proposed Implementation Plan for review and approval by MCC before the initial Disbursement of Program Funding and at least on an annual basis thereafter (or in such other interval as may be required by the Program Guidelines). MCC shall review the proposed Implementation Plan and as necessary may request MCA-Mongolia to submit clarifications or adjustments. MCA-Mongolia shall submit an updated Implementation Plan or updated Implementation Plan Document during any quarter in which significant changes or modifications are made to the Program, or when MCA-Mongolia determines that the expected results, targets, and milestones for the specified year are not likely to be achieved; provided, however, that an updated Detailed Financial Plan shall be submitted each quarter. In such instances, MCA-Mongolia shall submit to MCC for approval a proposed revised Implementation Plan or an updated Implementation Plan Document (as applicable) on the same date as the next Periodic Report is due. MCA-Mongolia shall ensure that the implementation of the Program is conducted in accordance with the Implementation Plan.

Appears in 1 contract

Sources: Program Implementation Agreement

Implementation Framework. Implementation Plan. The Parties agree that the framework for implementation of the Program’s implementation shall Program will be further elaborated in a set of documents, in form and substance approved by MCC, consisting of of‌ (i) a Work Plan, (ii) a Detailed Financial Plan, (iii) an Audit Plan, Plan and (iv) a Procurement Plan (each, an “Implementation Plan Document” and collectively the “Implementation Plan”). MCA-Mongolia shall Morocco will submit its proposed Implementation Plan for review and approval by MCC before the initial Disbursement of Program Funding and at least on an annual basis thereafter (or in such other interval as may be required by the Program Guidelines). MCC shall will review the proposed Implementation Plan and as necessary may request MCA-Mongolia Morocco to submit clarifications or adjustments. MCA-Mongolia shall Morocco will submit an updated Implementation Plan or updated Implementation Plan Document during any quarter in which significant changes or modifications are made to a Project or to the Program, or when MCA-Mongolia Morocco determines that the expected results, targets, targets and milestones for the specified year are not likely to be achieved; provided, however, that an updated Detailed Financial Plan shall will be submitted each quarter. In such instances, MCA-Mongolia shall Morocco will submit to MCC for approval a proposed revised Implementation Plan or an updated Implementation Plan Document (as applicable) on the same date as the next Periodic Report is due. MCA-Mongolia shall Morocco will ensure that the implementation of the Program is conducted in accordance with the Implementation Plan.

Appears in 1 contract

Sources: Program Implementation Agreement