Financial Capacity Assessment Sample Clauses

Financial Capacity Assessment. The MA will inform applicants that they have been provisionally selected (‘shortlisted’) on the merit of their proposal and implementing capacity. They will be requested to supply the following documents in order to allow the MA to verify once again the eligibility of the applicants and their partners:  Bank Detail Verification Form (see format annex J), together with a recent bank statement of the organization to verify the current bank account.  Legal Verification Form (see format annex K), which will be cross-checked with the supporting documents provided by the applicant. Any missing supporting document or any incoherence between the Declaration by the applicant and the supporting documents may lead to the rejection of the application on that sole basis.  A copy of the latest audited annual report (in case the applicant has indicated in the application format to be in the possession of this report). Every SAIP that has been selected based on the technical merit of their proposal, their implementing capacity and the reasonableness of the budget, will be assessed more elaborately by the MA on their financial capacity. The assessment visit to the SAIP’s offices will be conducted immediately after the evaluation process and before contract signature. Neither grant agreement nor funding will be awarded to the SAIP before the assessment is done. The MA performs the Financial Capacity Assessment (FCA) in a visit to the shortlisted lead applicant, as they are the envisaged contract signatory. The lead partner is the principle focal point for the Financial Capacity Assessment. However, it is up to the MA to decide whether an assessment of (any of) the sub partners is required as well. The purpose of the FCA is to make sure that the applicant has the capacity to implement the proposed activities as described in the grant proposal, as well as identify areas that require special capacity building interventions or major concerns that may prevent the MA to issue an award to the organization. The FCA will verify whether all principles of proper financial management for SAIPs are being addressed and followed, and will allow the MA to address any identified gaps in the financial management at the level of SAIPs. The FCA consists of a list of questions covering all necessary aspects of financial management, divided in six sections: Planning and Budgeting, Basic Accounting Systems, Financial Reporting, Internal Controls, Grant Management and Staffing. Based on the sco...
Sample 1
AutoNDA by SimpleDocs

Related to Financial Capacity Assessment

  • Conformity Assessment 1. The Parties recognize that a broad range of mechanisms exists to facilitate the acceptance of conformity assessment procedures and results thereby, including:

  • Risk Assessment An assessment of any risks inherent in the work requirements and actions to mitigate these risks.

  • STATEWIDE ACHIEVEMENT TESTING When CONTRACTOR is an NPS, per implementation of Senate Bill 484, CONTRACTOR shall administer all Statewide assessments within the California Assessment of Student Performance and Progress (“CAASP”), Desired Results Developmental Profile (“DRDP”), California Alternative Assessment (“CAA”), achievement and abilities tests (using LEA-authorized assessment instruments), the Fitness Gram with the exception of the English Language Proficiency Assessments for California (“ELPAC”) to be completed by the LEA, and as appropriate to the student, and mandated by XXX xxxxxxxx to LEA and state and federal guidelines. CONTRACTOR is subject to the alternative accountability system developed pursuant to Education Code section 52052, in the same manner as public schools. Each LEA student placed with CONTRACTOR by the LEA shall be tested by qualified staff of CONTRACTOR in accordance with that accountability program. XXX shall provide test administration training to CONTRACTOR’S qualified staff. CONTRACTOR shall attend LEA test training and comply with completion of all coding requirements as required by XXX.

  • Comprehensive Assessment an initial and ongoing part of the member-centered planning process employed by the interdisciplinary team (IDT) to identify the member’s outcomes and the services and supports needed to help support those outcomes. It includes an ongoing process of using the knowledge and expertise of the member and caregivers to collect information about:

  • Synchronisation Commissioning and Commercial Operation 8.1 The Developer shall provide at least forty (40) days advanced preliminary written notice and at least twenty (20) days advanced final written notice to ESCOM of the date on which it intends to synchronize the Power Project to the Grid System.

  • Reverse Engineering The Customer must not reverse assemble or reverse compile or directly or indirectly allow or cause a third party to reverse assemble or reverse compile the whole or any part of the software or any products supplied as a part of the Licensed System.

  • Subcontractor Insurance Coverage Contractor shall require and verify that all subcontractors maintain insurance coverage that meets the minimum scope and limits of insurance coverage specified in this Exhibit C. EXHIBIT D

  • Security Assessment If Accenture reasonably determines, or in good faith believes, that Supplier’s security practices or procedures do not meet Supplier’s obligations under the Agreement, then Accenture will notify Supplier of the deficiencies. Supplier will without unreasonable delay: (i) correct such deficiencies at its own expense; (ii) permit Accenture, or its duly authorized representatives, to assess Supplier’s security-related activities that are relevant to the Agreement; and (iii) timely complete a security questionnaire from Accenture on a periodic basis upon Accenture’s request. Security issues identified by Accenture will be assigned risk ratings and an agreed-to timeframe to remediate. Supplier will remediate all the security issues identified within the agreed to timeframes. Upon Supplier’s failure to remediate any high or medium rated security issues within the stated timeframes, Accenture may terminate the Agreement in accordance with Section 8 above.

  • INTERNET PLANNING, ENGINEERING AND OPERATIONS ‌ Job Title: Internet/Web Engineer Job#: 2620 General Characteristics Integrally involved in the development and support of all Internet/Intranet/Extranet sites and supporting systems. Works closely with other IT groups and customers to define the system design and user interface based on customer needs and objectives. Participates in all phases of the development and implementation process, and may act as a project manager on special projects. Ensures the integration of the Web servers and all other supporting systems. Responsible for system tuning, optimization of information/data processing, maintenance and support of the production environment.

  • Screening and Assessment Grantee shall:

Time is Money Join Law Insider Premium to draft better contracts faster.