Common use of Institutional and Implementation Arrangements Clause in Contracts

Institutional and Implementation Arrangements. 1. Each Project Implementing Entity shall, throughout the period of implementation of its Respective Part of the Project, maintain its Project Management Office (PMO), with terms of reference, staffing, and other resources satisfactory to the World Bank to be responsible for coordination and implementation of its Respective Part of the Project. 2. Each Project Implementing Entity shall prepare and furnish to the World Bank for its review and approval by November 1 of each year until completion of its Respective Part of the Project, commencing on November 1, 2011, an annual work plan and budget (including planned use of Incremental Operating Costs) for implementation of the Project for the following fiscal year and thereafter carry out said annual work plan and budget taking into account the World Bank’s comments thereon. 3. Each Project Implementing Entity shall cause its Respective Part of the Project to be carried out in accordance with the provisions of the Anti-Corruption Guidelines.