Common use of The Recipient shall Clause in Contracts

The Recipient shall. (a) maintain or cause to be maintained PSC, DSC, SMC and PCU in form and with function, staffing, and resources satisfactory to the Association and as detailed in the PIM; (b) maintain or cause to be maintained policies and procedures adequate to enable it to monitor and evaluate on an ongoing basis, in accordance with indicators satisfactory to the Association, the carrying out of the Project and the achievement of the objectives thereof; (c) prepare through PCU, under terms of reference satisfactory to the Association, and furnish to the Association, no later than January 31 and July 31 of each year, a report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph (b) of this Section, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out the objectives of the Project; and (d) review with the Association, not later than 2 months after the submission of the report or such later date as the Association shall request, and, thereafter, take all measures required to ensure the efficient completion of the achievements to the objectives of the Project.

Appears in 2 contracts

Sources: Development Grant Agreement, Development Grant Agreement