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Paragraphs in "Agreement On Administrative Arrangements For The Prek Thnot (Cambodia) Power And Irrigation Development Project" coded as FINPR

Label Provision
Art.5 Article V
Art.5.1 1. Contributions by the Cooperating Members shall be used for or applied exclusively to carry out the Project, subject to such terms and conditions as each Cooperating Member has established in respect of its contribution.
Art.5.2 2. The Corporation shall furnish to the Coordinator promptly upon their preparation, (i) draft contracts, plans and specifications, cost estimates, plans of construction and construction schedules for the project and (ii) any material modifications subsequently made therein, in such detail as the Coordinator shall from time to time request.
Art.5.3 3. As soon as possible after the entry into force of this Agreement the Corporation, advised by the consulting engineer and the Coordinator, and in consultation with interested individual Corporating Members shall determine the procedures for tendering and for the arrangement of the contracts, and shall inform the Cooperating Members, it being understood that, in so far as the national regulations of a Cooperating Member so require, any tendering or contracting procedures relating to that Cooperating Member's contribution shall meet such requirements. The responsibility for awarding the main contracts shall rest with the Corporation.
Art.5.4 4. The Corporation shall present through the Coordinator to the Cooperating Members as soon as possible after the entry into force of this agreement and on each 30 June and 31 December thereafter a budget prepared in consultation with the Coordinator covering estimated expenditure, both in foreign and local currencies, for the ensuing twelve months. Cooperating Members shall take due cognizance of the financial requirements of the budget thus prepared.
Art.5.5 5. Whenever drawings upon foreign contributions whether in cash or in kind are required, the Corporation shall provide the Coordinator with the necessary justification for each drawing in such manner as may be agreed with each Cooperating Member. Each request for drawing shall be validated by the counter-signature of the Coordinator. Provided that the request does not exceed the undrawn portion of its contribution each Cooperating Member shall then arrange payment accordingly.
Art.5.6 6. The Corporation on the advice of the consulting engineer shall establish suitable procedures for financial control of work in progress on all construction sites, including procedures for periodic stocktaking and for safe custody of engineering stores.
Art.5.7 7. The Bank entrusted with the accountancy in respect of the foreign contributions shall set up suitable accounting procedures for this purpose and shall at quarterly intervals transmit to the Coordinator statements of accounts relating to the project for which it is responsible.
Art.5.8 8. Upon the termination of the Agreement any unused contribution or part thereof remaining to the credit of the Government with the Bank shall be reimbursed to the Cooperating Member in question unless otherwise agreed between the Government and the Cooperating Member.
Art.5.9 9. The Coordinator shall send to each Cooperating Member and the United Nations Development Programme (i) quarterly reports concerning the progress of the Project and (ii) quarterly reports containing appropriate information on the use of the contributions.
Art.5.10 10. The Government and the Coordinator shall arrange for the comprehensive and regular audit of all financial transactions, stores and equipment.
Art.6 Article VI
Art.6.1 1. The Government shall cause the Project to be carried out with due diligence and efficiency and in conformity with sound engineering and financial practices and shall accord first priority, in its development program, to the Project.
Art.6.2 2. The Government shall make good any deficit in foreign exchange which may arise in the course of the execution of the Project.
Art.6.3 3. The Government shall make available promptly as required the necessary local currency for carrying out the Project. In preparing a schedule for the use of local currency, the Government shall consult with the Coordinator.
Art.6.4 4. The Government shall at its own expense and promptly as needed obtain and make available land and interests in land required for the carrying out or operation of the Project free of any incumbrance.
Art.6.5 5. The Corporation shall maintain in a manner satisfactory to the Coordinator and to Cooperating Members records adequate to identify the goods and services financed by the latter's contributions, to disclose the use thereof in the Project, and to show the progress of the Project. The Government shall consider requests from Cooperating Members, as may be necessary for the execution of the Project, to visit the site of the Project and to see goods used or required for the Project. It shall furnish to the Coordinator all such information concerning the Project as he shall reasonably request.
Art.6.6 6. The Government and the Coordinator shall from time to time exchange views with regard to matters relating to the purposes of this Agreement. The Government will promptly inform the Coordinator who shall forthwith inform the Cooperating Members of any condition which interferes with, or which threatens to interfere with, the accomplishment of the purposes of this Agreement.
Art.6.7 7. The Government shall grant an exemption from, or the Corporation shall bear from its own funds the cost of any taxes, duties, fees, or levies which may be imposed in respect of:
Art.6.7.a (a) the receipts of contractors, suppliers, companies and firms furnishing or supplying property or services for the purposes of carrying out the Project;
Art.6.7.b (b) The salaries, allowances, bonuses and other income of experts, technicians and employees not normally resident in Cambodia;
Art.6.7.c (c) The importation and making available for consumption of the equipment, property, products and services necessary for the purposes of carrying out the Project and the re-exportation of such equipment, property and products not required after completion of the Project operations.