Verification Protocols Sample Clauses
The Verification Protocols clause establishes the procedures and standards for confirming the accuracy or compliance of certain information, processes, or deliverables within an agreement. Typically, this clause outlines the steps parties must follow to verify data, such as conducting audits, inspections, or requiring supporting documentation, and may specify timelines or responsible parties. Its core practical function is to ensure transparency and accountability by providing a clear mechanism for validating key aspects of the contract, thereby reducing the risk of disputes or misunderstandings.
Verification Protocols. The Recipient shall: (1) Appoint by not later than ninety (90) days after the Effective Date and thereafter maintain, at all times during the implementation of the Program, a verification agent under terms of reference acceptable to the Association (“Independent Verification Agent or IVA”), to verify the data and other evidence supporting the achievement of DLIs/DLRs as set forth in the table in Section VI.A of this Schedule 2 to this Agreement, and recommend payments to be made, as applicable; and (2) Ensure that the IVA carry out verification and process(es) in accordance with the Verification Protocol; and submit to the Association the corresponding verification reports in a timely manner and in form and substance satisfactory to the Association.
Verification Protocols. The Borrower shall, through MINOPUH: (a) carry out verification missions through an Independent Verification Agent for the verification of DLIs and DLRs in accordance with the Verification Protocols; and
Verification Protocols. 1. The Recipient shall cause the Program Implementing Entity to:
(a) undertake a verification process to certify the fulfillment of the Disbursement Linked Results set out in Annex to Schedule 2 to this Agreement. To this end the Recipient shall cause the Program Implementing Entity to select, notify and engage and maintain throughout the period of implementation of the Program, the services of an Independent Verification Agency (IVA) with qualification and experience and under terms of reference acceptable to the Association, in order to: (i) support the Program’s monitoring and evaluation; and (ii) document the achievement of DLIs/DLRs; and
Verification Protocols. The Borrower shall, through the Office of the Auditor General:
(a) undertake a verification process, at least annually, in accordance with the terms of reference agreed with the Bank, to certify the fulfillment of the Disbursement Linked Results (“DLRs”) set out in Schedule 3 to this Agreement pursuant to the verification criteria set out in the Verification Protocol; and
(b) furnish to the Bank corresponding verification report(s), in form and substance agreed with the Bank, no later than forty-five (45) days after the completion of the verification to which it relates.