Common use of Annual Implementation Plan Clause in Contracts

Annual Implementation Plan. For the purposes of carrying out of the Project, the Recipient shall, through MAG-FOR: 1. prepare by no later than July 31, in each year of Project implementation, starting on July 31, 2006, and submit to the Association a consolidated annual implementation plan (AIP) satisfactory to the Association, including a description of activities proposed for the upcoming year, including all the activities required to meet the environmental and social standards and practices detailed in Part F of this Section, a budget, a financial plan including the detailed amount of the Recipient’s contribution to be provided in such year for payment of Incremental Salaries and Operational Costs, and an updated Procurement Plan for the procurement of works, goods, consultants’ services and services (other than consultant’s services) and INTA Cost-Sharing Transfers required to carry out such activities; 2. review with the Association said AIP, within two weeks following the submission of said plan; and 3. thereafter, take all measures required to ensure the efficient completion and achievement of said AIP, based on the views of the Recipient and the Association on said plan.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement