FIRCA definition
Examples of FIRCA in a sentence
The Recipient shall cause FIRCA to monitor and to evaluate the progress of Parts 1.1, 1.3, 1.4, 2, 3.1(b), 3.2, 3.3 and 4(ii) of the Project and to prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of the National Monitoring and Evaluation Indicators.
To this end, the Recipient shall: (i) cause Parts 1.1, 1.3, 1.4, 2, 3.1(b), 3.2, 3.3 and 4(ii) of the Project to be carried out by FIRCA; and (ii) pursuant to the Subsidiary Grant Agreement, cause Parts 1.2, 1.5, 3.1(a) and 4(i) of the Project to be carried out by CORAF in accordance with the provisions of Article IV of the General Conditions and the Project Agreement.
The Recipient shall take all action required on its behalf to cause FIRCA to operate as the National Coordination Unit throughout Project implementation, headed by the Project Coordinator, under terms of reference and with resources satisfactory to the Association.
The Recipient shall cause FIRCA: (i) to recruit, not later than one (1) month after the Effective Date, an accountant and an internal auditor on the basis of terms of reference and with qualifications and experience satisfactory to the Association; and (ii) to upgrade, not later than three (3) months after the Effective Date, the computerized financial management system to be used for Parts 1.1, 1.3, 1.4, 2, 3.1(b), 3.2, 3.3 and 4(ii) of the Project.
The Recipient shall cause FIRCA to maintain a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.
The Recipient shall, not later than four (4) months after the Effective Date, cause FIRCA to recruit an external auditor on the basis of terms of reference and with qualifications and experience satisfactory to the Association.
FIRCA shall be entrusted with the day-to-day administration of Parts 1.1, 1.3, 1.4, 2, 3.1(b), 3.2, 3.3 and 4(ii) of the Project, including management of the national CARG scheme to be operated under Part 3.1(b) of the Project, and all aspects related to its administration, reporting and monitoring.
The Recipient shall, not later than four (4) months after the Effective Date, cause FIRCA to recruit an external auditor on the basis of terms of reference and with qualifications and experience satisfactory to the World Bank.
The Recipient shall take all action required on its behalf to cause FIRCA to operate as the National Coordination Unit, headed by the Project Coordinator, throughout Project implementation under terms of reference and with resources satisfactory to the World Bank.
FIRCA shall be entrusted with the day-to-day administration of Parts 3.2 and 3.3 of the Project.