PACET Clause Samples
The PACET clause establishes a framework for the periodic adjustment of contract terms, typically related to pricing or compensation, based on external economic indices or cost factors. In practice, this clause may specify that payments are recalculated at set intervals to reflect changes in inflation, labor costs, or material prices, ensuring that the contract remains fair and economically viable for both parties. Its core function is to protect both parties from significant financial risk due to market fluctuations, thereby maintaining the contract's balance over time.
PACET. The Pan African Cooperation and Educational Technologies (PACET) section at UNU-EHS aims to strengthen research, educational and institutional capacities of UNU-EHS in Africa. The program fosters cooperation between UNU and African institutions in higher education, research, policy and practice to develop innovative methods and appropriated solutions to address challenges particularly in the frame of the Agenda 2063 of the African Union and the Sustainable Development Goals (SDGs). In the framework of projects, such as: Higher Education Cooperation with PAUWES, WESA (Water and Energy Security in Africa), RARSUS (Risk Assessment and Reduction strategies for Sustainable Urban Resource Supply in Sub-Saharan Africa), GlobeDrought characterizing drought and risk impact , CLIMAFRI on the implementation of climate-sensitive adaptation strategies to reduce the flood risk in Togo and Niger, PACET leverages digital technologies to strengthen educational and research capacities of UNU-EHS, its partner institutions as well as scientists and practitioners at a global scale. Under the overall authority of the Director of UNU-EHS and the direct supervision of the Head of the PACET section and the WESA project coordinator, the chosen candidate will principally be responsible for the following: • Support in the planning, organization and post documentation of a Pan African networking, Research-to-Practice conference in Africa. Support the communication and dissemination of results of PAUWES related projects. • Support the administrative and financial operations of PAUWES related projects in accordance with UNU’s policies, United Nations Financial Rules and Regulations (UNFRR), established operational procedures, and ensure that a proper and accurate accounting records are maintained. • Assist the program support staff in monitoring finance and budgetary status of projects and provide officers responsible with information as required; Support the preparation of financial reports in accordance with the terms and conditions of donor contracts in the frame of PACET projects. • Support the development of concepts and the writing process for the acquisition of third-party funding in the areas of renewable energy and climate change nexus. • Support the establishment and maintenance of networks and relationship with other Pan African Institute, centre of excellence in Africa, Pan African and international actors and institutions active in the areas of energy and climate change nex...