Common use of Project Executing Agency Clause in Contracts

Project Executing Agency. NHA shall be the Project Executing Agency. An Investment Program Coordinating Committee (IPCC) chaired by the Chairman of NHA shall be responsible for monitoring the use of the loan funds and overall implementation performance. The IPCC shall meet at least once every quarter. The minutes of all IPCC meetings will be promptly forwarded to ADB for review and records.

Project Executing Agency. NHA shall be the Project Executing Agency. An Investment Program Coordinating Committee (IPCC) chaired by the Chairman of NHA NHA, shall be responsible for monitoring the use of the loan funds Loan proceeds and overall implementation performance. The IPCC shall meet at least once every quarter. The minutes of all IPCC meetings will shall be promptly forwarded to ADB for review and records.