Implementing Entity Arrangement Sample Clauses
Implementing Entity Arrangement. The Municipal Development Fund (“MDF”), the entity currently serving as the project implementation unit for the World Bank’s Municipal Development and Decentralization Project II (“MDDPII”), will implement the Regional Infrastructure Development Activity. MCA-Georgia will enter into an Implementing Entity Agreement, called a Collaboration Agreement, with MDF through which it will retain approval rights necessary for it to ensure compliance with limitations on the use of MCC Funding, including approval of the RID Operations Manual. MCA-Georgia will also enter into a separate Service Agreement with the World Bank that sets out certain supervisory and technical support services to be provided by the World Bank in furtherance of the Collaboration Agreement. MCA-Georgia will approve the RID Operations Manual which will provide the MDF supervisory board and the management of MDF with the policies and procedures to be followed during implementation of the Activity. The Government will ensure that MCA- Georgia will obtain and maintain a seat on the MDF supervisory board.
