
Proposed legal and disbursement arrangements should be developed in parallel with investment project proposals.
(UNEP/OzL.Pro/ExCom/8/29 Annex III, para. 3.4).
To expedite ODS elimination, Implementing Agencies are encouraged to implement sub-projects under one unique legal framework agreement (umbrella agreement) with the relevant intermediary in the recipient country. If any of these sub-projects exceeds US $500,000, Executive Committee approval is necessary for each such sub-project prior to the disbursement of funds by the Treasurer.
(UNEP/OzL.Pro/ExCom/8/29 Annex III, para. 3.12).
If grant agreements, or project documents, are not signed within an appropriate time frame, Implementing Agencies should provide an explanation of the delay and the Executive Committee should consider further action.
(UNEP/OzL.Pro/ExCom/8/29 Annex III, para. 3.16).
To facilitate expeditious implementation of projects, Implementing Agencies should initiate negotiations with Article 5 Parties as soon as possible to develop legal agreements, which establish funding disbursement, procurement and implementation requirements necessary to implement projects subsequently approved by the Executive Committee. If granted, Executive Committee permission to proceed will not require the Treasurer to transfer any funds, or constitute approval of any sub-project for which adequate documentation is not available.
(UNEP/OzL.Pro/ExCom/8/29 Annex III, para. 3.12).
Article 5 Parties should consider the selection of a focal point and use interministerial committees, as appropriate.
(UNEP/OzL.Pro/ExCom/8/29 Annex III, para. 3.13).
