Common use of Project Monitoring Reporting and Evaluation Clause in Contracts

Project Monitoring Reporting and Evaluation. 1. The PIE shall monitor and evaluate the progress of its Respective Part of the Project and prepare Project Reports for its Respective Part of the Project in accordance with the provisions of Section 5.08 (b) of the General Conditions and on the basis of indicators acceptable to the Bank. Each such Project Report shall cover the period of one calendar semester, and shall be furnished to the Borrower not later than four weeks after the end of the period covered by such report for incorporation and forwarding by the Borrower to the Bank of the overall Project Report.

Project Monitoring Reporting and Evaluation. 1. The PIE PIE, through the PMU, shall monitor and evaluate the progress of its Respective Part of the Project and prepare Project Reports for its Respective Part of the Project in accordance with the provisions of Section 5.08 (b) of the General Conditions and on the basis of indicators acceptable to the Bank. Each such Project Report shall cover the period of one calendar semester, semester and shall be furnished to the Borrower Bank not later than four weeks forty-five days after the end of the period covered by such report for incorporation and forwarding by the Borrower to the Bank of the overall Project Reportreport.