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ΕΠΙΣΗΜΗ ΕΦΗΜΕΡΙΔΑ ΤΗΣ 2ας ΑΥΓΟΥΣΤΟΥ
1984
AR.TICLE 111
Execut10n of the Project
Sect10n
3.01.
(a) The Borrower declares 1ts comm1tment to
the object1ves of the Project
θβ
set forth
Schedu1e 2 to this
Agreement. and. to this end, sha11 carry out the Project with due
di11gence and eff1c1ency and
ίη
conform1ty w1th appropr1ate
f1nanc1a1. eng1neer1ng and pub11c ut1lity pract1ces.
(b) W1thout 11m1tat10n
Ιο
the foreg01ng and
order
ιο
make fu11 econom1c and product1ve use of
the~nvestments
1nc1uded
the Project, the Borrower shall,
accordance w1th a plan and
t1metable acceptable
Ιο
the Bank, construct add1t10nal sewers and
latera1s w1th1n its area of operat10ns.
Sect10n
3.02.
Ιη
order
Ιο
ass1st the Borrower
eng1neer1ng
des1gn, b1d eva1uat10n and construct1011 superv1s10n and
carry-
1ng out the ocean outfa11 study under the Project, the Borrower
shall employ consultants whose qua11f1cat10ns, exper1ence and
terms and cond1tions of employment sha11 be sat1sfactory
ΙΟ
the
Bank, such consu1tants
ιο
be se1ected
accordance wlth pr1nci–
ples and procedures sat1sfactory to the Bank
οη
the bas1s
οί
the
"Gu1de11nes for the Use of Consultants by World Bank Borrowers
and by the World Bank as Execut1ng Agency" publ1shed by the Bank
ίη
August 1981.
Sect10n
3.03.
The Borrower sha11, not later than Augu6t
31,
1984,
employ: (a) a su1tably qual1fled and experlenced eng1neer
to
be
respons1ble for, 1nter a11a, coord1nat10n of the works
Ιο
be constructed under the Project, and (b) a sultably qual1f1.ed
and exper1enced accountant
ιο
be respons1.ble for, inter alla,
maklng the necessary arrangements
ίοι
bill ing and c011ect10n
οΕ
the rates and charges referred
Ιο ία
Sectlons
5.04
and
5.05
οΕ
this Agreel1lent and for estab1ish1ng offlce and adminlstrative
procedures,
ΒΒ
approprlate.
Sect10n
3.04.
(a) The Borrower undertakes to 1nsure,
οι
make
adequate prov1s10n for the 1nsurance of, the 1mported goods
ιο
be
financed out of the proceeds of the Loan agalnst hazards 1ncldent
ιο
the acqu1s1t10n, transportatlon and de11very thereof
Ιο
the
place of use
οι
1nsta11at10n, and for such insurance any 1ndem–
nlty shal1 be payable
a currency free1y usable by the Borrower
Ιο
replace
οι
repalr such goods.
(b) 'fl1e Borrower shall cause a11
gοοιJs
and servlces
flnanced out of the proceeds of the Loan to be used excluslve1y
Εοι
the
~urposes
of the Project.
Sect10n
3.05.
(a) The Borrower sha11 furnlsh to the Bank,
promptly upon thelr preparat1on. the plans, speclflcat1ons,
reports, contract documents and construct10n and procurement
schedules for the Project, and any mater1al modif1cat10ns thereof
οι
additions thereto,
ίη
such deta11 as the Bank sha11 reasonably
re(ιues
t.
(b) The Borrower sha11: (i) maintain records and procedures
adequate
Ιο
record and mon1tor the progress of the Project
(inc1uding lts cost and the benefits
Ιο
be derlved from .1t).
ιο
identlfy the goods and serv1ces financed out of the proceeds of
the Loan, and
ιο
d1sc10se thelr use
the Project; (11) enable
the Bank's representat1ves to vlsit the facilitles and construc–
tlon s1tes 1nc1uded
the Project and
Ιο
exam1ne the goods
financed out of the proceeds of the Loan and any
releνant
records
and documents; and (111) furn1sh to the Bank at regu1ar 1ntervals
a11 such 1nformat1on
θβ
the Bank shall reasonably request con-
893