Project Operational Manual. 1. The Borrower, through MEP, shall, and shall cause SINAES, CONARE and the Participating Universities (pursuant to the SINAES Agreement, the CONARE Agreement and the pertinent AMI, respectively) to, carry out the pertinent parts and the Project under their responsibility (including the PMIs) in accordance with a manual (“Operational Manual”), satisfactory to the Bank, containing, inter alia: (a) the rules, methods, guidelines, standard documents and procedures for the carrying out of the relevant parts of the Project; (b) the detailed description of the institutional arrangements of the Project; (c) the Project administrative, accounting, auditing, reporting, financial, procurement and disbursement procedures; (d) the criteria, guidelines and procedures for the approval, implementation and monitoring of PMIs and AIPs, including specifications regarding eligible expenditures to be financed under the Subprojects and targets for measuring the progress on the objectives of the PMIs; (e) the terms and conditions for the provision of Grants; (f) the monitoring indicators for the Project; (g) the functions, staffing requirements, and responsibilities of the UCP; (h) the PMI Implementation Criteria; (i) the ESMF; and (j) the IPPF. In the event that any provision of the Operational Manual shall conflict with this Agreement, the terms of this Agreement shall prevail.
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Sources: Loan Agreement, Loan Agreement