Program Finances Sample Clauses

Program Finances. Finding a dependable, efficient and secure means of receiving fund transfers from abroad, and also moving funds within Iraq, was an ongoing challenge to the program. The collapse of the Iraqi private banking systems in 2003 required that alternative approaches be developed for transferring funds. ICAP utilized a number of different channels to get funds to where they were needed – including several banks in different localities, as well as networks of exchange offices and money movers—but always with a view to ensuring accountability and security. With the slow rebuilding of the Iraqi economic infrastructure, the use of banks became possible. But since most people and many companies did not have a bank account, nor did they wish to undertake the risks associated with patronizing banks located in crowded public places, ICAP needed to adapt itself to and operate within the cash economy that prevailed. This presented significant security concerns, as it usually meant that funds had to be moved in cash from one location to another. Fortunately, ICAP was able to negotiate arrangements with an exchange office in Kirkuk to deliver the cash to our offices, so that project staff did not have to transport it themselves. This enabled us to invite vendors to collect their payments at our secure office compound, where ICAP staff could disburse the funds safely and without compromise. The same methods and procedures were used to pay national staff salaries in cash for the duration of ICAP- I, though ACDI/VOCA is exploring other possible procedures for use in ICAP-II. Another payroll-related issue that had been pending since project commencement was discharging our legal obligations to the Iraqi Social Insurance system, without revealing to the government authorities the identities and personal details of our national staff. In March 2007, after prolonged internal discussion and with counsel from another USAID contractor in Baghdad (BearingPoint), ICAP succeeded in negotiating an arrangement with the Ministry of Labor and Social Affairs (MOLSA) in Kirkuk, whereby we could fully discharge our Social Insurance obligations for the period July 2003 through January 2007, without penalty, without permitting inspection of our premises by Ministry authorities, and most importantly, without revealing the identities or personal details of our national staff. This payment was disbursed by ICAP and duly received by the Ministry of Labor and Social affairs in Kirkuk. Future payments ...
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Related to Program Finances

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  • Program Monitoring The Contractor will make all records and documents required under this Agreement as outlined here, in OEC Policies and NHECC Policies available to the SRO or its designee, the SR Fiscal Officer or their designee and the OEC. Scheduled monitoring visits will take place twice a year. The SRO and OEC reserve the right to make unannounced visits.

  • Statewide HUB Program Statewide Procurement Division Note: In order for State agencies and institutions of higher education (universities) to be credited for utilizing this business as a HUB, they must award payment under the Certificate/VID Number identified above. Agencies, universities and prime contractors are encouraged to verify the company’s HUB certification prior to issuing a notice of award by accessing the Internet (xxxxx://xxxxx.xxx.xxxxx.xx.xx/tpasscmblsearch/index.jsp) or by contacting the HUB Program at 000-000-0000 or toll-free in Texas at 0-000-000-0000.

  • Financial Monitoring City staff shall monitor, review, and evaluate the financial procedures of the Subrecipient through documents submitted to the City and on-site monitoring. The Subrecipient shall provide and make available to the City such reports and records that will be necessary for a proper financial evaluation. With reasonable notice being given to the Subrecipient, the City may schedule at least one on-site visit and other visits that may be needed during the course of this Agreement.

  • Campus Program Dr. X. Xxx Xxxxxx, Chairperson of the Department of Management & Business Administration, (000) 000-0000 Division of Continuing Education: Academic advisor at center where student intends to transfer MAXIMUM NUMBER OF COMMUNITY COLLEGE STUDENTS TO BE ADMITTED: open BASIS FOR DETERMINING ADMISSION IF MORE THAN THE MAXIMUM NUMBER OF COMMUNITY COLLEGE STUDENTS APPLY: N/A GENERAL ADMISSION REQUIREMENTS TO THE INDEPENDENT INSTITUTION: Students applying to the university campus program are considered for admission on the basis of their secondary school record and results of the SAT or ACT examinations. For acceptance to the Division of Continuing Education, a prospective student must have a high school diploma or a General Equivalency Diploma. ADMISSION REQUIREMENTS TO THE MAJOR/PROGRAM OF STUDY: None beyond general admission requirements. PROGRAM OF STUDY TO BE TAKEN AT THE COMMUNITY COLLEGE: Complete Associate of Arts degree. Total Academic Hours: 60 PROGRAM OF STUDY AT SAINT XXX UNIVERSITY: (to include 39 hours of upper level credit and 30 hours of residency, 15 of which must be taken in the major)

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