Institutional Arrangement definition
Institutional Arrangement. – means an arrangement between GGGI and one or more public or private entities or institutions, in the form of an agreement, memorandum of understanding or other written arrangement, where the parties agree to collaborate and coordinate to serve common objectives, and/or GGGI agrees to provide funds to finance activities being implemented by a party other than GGGI that are not for the direct benefit or use of GGGI but serve to accomplish objective(s) that are in furtherance of GGGI’s mandate. Institutional Arrangements under these Rules shall be narrowly construed and applied, to prevent any procurement activity to fall under the definition.
Examples of Institutional Arrangement in a sentence
The Parties will endeavour to achieve the objectives to be overseen by the institution under Article 22 (Institutional Arrangement).
PERPAMSI's activity, “Strengthening Stakeholder Institutional Arrangement and PDAM Relationship (SSIAPR),” reviewed the existing guidelines for information accessibility of PDAM performance to local government, legislators, and consumers as well as their framework for public relations and consumer outreach.