Common use of Project Operations Manual Clause in Contracts

Project Operations Manual. 1. The Recipient shall by not later than 60 days after Effective Date update the POM and thereafter carry out its Respective Parts of the Project, as well as ensure that Yemen Partners carry out their activities under the Project, in accordance with the project operations manual (“Project Operations Manual”, or “POM”), satisfactory to the Association, setting forth rules, methods, guidelines, and procedures for the carrying out of the Project, including, inter alia: (a) detailed description of its Respective Parts of the Project and institutional arrangements for implementing the Project; (b) monitoring, evaluation, reporting, financial management and accounting, and governance procedures for the Project; (c) detailed procedures for Cash for Nutrition under Part 2.1(a) of the Project, Cash for Work subprojects under Part 2.2 and Community Assets Subprojects under Part 2.3, including, inter alia, eligibility criteria, payment methods, verification mechanisms, quality assessment procedures, payment approval process, and related monitoring, reporting and auditing requirements; (d) detailed procedures for Yemen Loan Guarantee Program under Part 2.4(a)(i) and 2.4(a)(ii) of the Project, including eligibility and selection criteria for Eligible MFIs and Eligible MSMEs to be covered by YLG’s portfolio guarantee; (e) detailed procedures for (i) IT enhancements of selected MFIs under Part 2.4(a)(iv) of the Project, and (ii) enhancing the Village Saving and Loan Association initiative under Part 2.4(a)(iii) of the Project, including eligibility and selection criteria for Eligible MFIs and Eligible Village Saving and Loan Associations, verification mechanisms, quality assessment procedures, and related monitoring, reporting and auditing requirements; and (f) detailed procedures for administering MSME Sub-Grants programs under Part 2.4(b)(i) of the Project, Business Association and Cooperatives Subgrants under Part 2.4(b)(ii) of the Project, including eligibility and selection criteria for eligible MSMEs and eligible Business Associations and Cooperatives to receive Sub-Grants; and detailed procedures for administering Entrepreneurship Subgrants under Part 2.4(b)(iii) of the Project. 2. In the event that any provision of the POM shall conflict with any provision of this Agreement, the provisions of this Agreement shall prevail. 3. The Recipient shall ensure that the parts of the POM pertinent to Parts of the Project implemented by Recipient are not amended, abrogated, waived, or failed to be enforced without the prior written agreement of the Association.

Project Operations Manual. 1. The Recipient Borrower, through MoIT, shall by not later than 60 days after Effective Date update maintain, throughout the POM and thereafter carry out its Respective Parts implementation of the Project, as well as ensure that Yemen Partners carry out their activities under the ProjectPOM, in accordance with the project operations manual (“Project Operations Manual”, or “POM”), satisfactory substance and manner acceptable to the AssociationBank, setting forth rules, methods, guidelines, and procedures for the carrying out of the Project, includingwhich shall include, inter alia: (a) a detailed description of its Respective Parts of the Project and institutional the prospective timetable and benchmarks in relation thereto; (b) the parties responsible for carrying out the relevant parts of the Project and the coordination arrangements between the relevant parties; (c) the detailed policies, procedures, guidelines, and standard documents relating to the implementation of the Project, which shall include, inter alia: (i) the detailed description and construction requirements of the workshops and the related common infrastructure, the activities excluded from investment under the Project (“Excluded Activities”) as defined in the Appendix to this Agreement; (ii) the eligibility and selection criteria, and the process, for implementing selecting SIE locations, and for selecting MSMEs that qualify to purchase workshops financed under Part 1 of the Project (“Beneficiary MSMEs”); (iii) the number of workers Beneficiary MSMEs shall commit to employ, based on the workshop size, as a condition for purchasing a workshop under Part 1 of the Project; (biv) monitoringthe actual construction costs for workshops (based on size), evaluation, reporting, financial management and accountingthe formulation of the sale price (which includes prorating the land cost, and governance procedures the cost of constructing common infrastructure and related equipment) to be paid by Beneficiary MSMEs, and the concessional rate of interest, maturity and fees for the Project;payment of the sale price in installments; and (cv) detailed procedures for Cash for Nutrition under Part 2.1(a) the standard terms and conditions of the Project, Cash Workshop Sales Agreement to be concluded between MoIT and Beneficiary MSMEs for Work subprojects under Part 2.2 and Community Assets Subprojects under Part 2.3, including, inter alia, eligibility criteria, payment methods, verification mechanisms, quality assessment procedures, payment approval process, and related monitoring, reporting and auditing requirementsthe sale-purchase of the said workshops; (d) detailed procedures the methodology for Yemen Loan Guarantee Program under Part 2.4(a)(i) and 2.4(a)(ii) of the Projecttargeting Beneficiary MSMEs, including eligibility communication and selection criteria for Eligible MFIs and Eligible MSMEs outreach activities to be covered by YLG’s portfolio guaranteetarget female-owned and/or female-led MSMEs; (e) detailed procedures the environmental and social obligations and arrangements for (i) IT enhancements of selected MFIs under Part 2.4(a)(iv) of the Project, consistent with the Environmental and Social Standards (ii“ESSs”) enhancing and incorporating the Village Saving requirements set forth under Section I.E of this Schedule 2, the Environmental and Loan Association initiative under Part 2.4(a)(iiiSocial Commitment Plan, and the Borrower’s Environmental and Social Instruments; (f) the financial management arrangements, requirements and detailed procedures consistent with the provisions of Section 5.09 of the Project, including eligibility General Conditions; (g) the guidelines and selection criteria procedures for Eligible MFIs and Eligible Village Saving and Loan Associations, verification mechanisms, quality assessment procedures, and related monitoring, reporting and auditing requirementsprocurement consistent with the provisions of the Procurement Regulations; (h) the requirements of the Anti-Corruption Guidelines; and (fi) detailed the requirements and procedures for administering MSME Sub-Grants programs under Part 2.4(b)(imonitoring and evaluation, reporting, and communications (including specifically, the frequency and content of environmental and social monitoring reports) of the Project, Business Association and Cooperatives Subgrants under Part 2.4(b)(ii) of the Project, including eligibility and selection criteria for eligible MSMEs and eligible Business Associations and Cooperatives to receive Sub-Grants; and detailed procedures for administering Entrepreneurship Subgrants under Part 2.4(b)(iii) of the Project. 2. In The Borrower, through MoIT, shall carry out the event Project, in accordance with the arrangements, procedures and guidelines set forth in the POM, provided, however, that in case of any provision of conflict between the arrangements and procedures set out in the POM shall conflict with any provision and the provisions of this Agreement, the provisions of this Agreement shall prevail. 3. The Recipient POM, and any provision thereof shall ensure that the parts of the POM pertinent to Parts of the Project implemented by Recipient are not be assigned, amended, abrogated, abrogated or waived, or failed nor shall be permitted to be enforced assigned, amended, abrogated or waived, without the prior written agreement consent of the AssociationBank; the POM may only be amended in consultation with, and after the approval of, the Bank.

Project Operations Manual. 1. The Recipient shall by not later than 60 days after Effective Date update the POM and thereafter carry out its Respective Parts of the Project, as well as ensure that Yemen Partners carry out their activities under the Project, in accordance with the project operations manual (“Project Operations Manual”, or “POM”), satisfactory to the Association, setting forth rules, methods, guidelines, and procedures for the carrying out of the Project, including, inter alia: (a) detailed description of its Respective Parts of the Project and institutional arrangements for implementing the Project; (b) monitoring, evaluation, reporting, financial management and accounting, and governance procedures for the Project; (c) detailed procedures for Cash for Nutrition under Part 2.1(a) of the Project, Cash for Work subprojects under Part 2.2 and Community Assets Subprojects under Part 2.3, including, inter alia, eligibility criteria, payment methods, verification mechanisms, quality assessment procedures, payment approval process, and related monitoring, reporting and auditing requirements; (d) detailed procedures for Yemen Loan Guarantee Program under Part 2.4(a)(i) and 2.4(a)(ii) of the Project, including eligibility and selection criteria for Eligible MFIs and Eligible MSMEs to be covered by YLG’s portfolio guarantee; (e) detailed procedures for (i) IT enhancements of selected MFIs under Part 2.4(a)(iv) of the Project, and (ii) enhancing the Village Saving and Loan Association initiative under Part 2.4(a)(iii) of the Project, including eligibility and selection criteria for Eligible MFIs and Eligible Village Saving and Loan Associations, verification mechanisms, quality assessment procedures, and related monitoring, reporting and auditing requirements; and (f) detailed procedures for administering MSME Sub-Grants programs under Part 2.4(b)(i) of the Project, Business Association and Cooperatives Subgrants under Part 2.4(b)(ii) of the Project, including eligibility and selection criteria for eligible MSMEs and eligible Business Associations and Cooperatives to receive Sub-Grants; and detailed procedures for administering Entrepreneurship Subgrants under Part 2.4(b)(iii) of the Project. 2. In the event that any provision of the POM shall conflict with any provision of this Agreement, the provisions of this Agreement shall prevail. 3. The Recipient shall ensure that the parts of the POM pertinent to Parts of the Project implemented by Recipient are not amended, abrogated, waived, or failed to be enforced without the prior written agreement of the Association.