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5. AWARD AND GRANT AGREEMENT
80.
The PIU will ensure timely and transparent publication of information about the
announcement, application, evaluation, awarding process and key documents like the Grant
Agreement model, through the project portal.
81.
Based on the final award decision of the IEB, the PIU concludes Grant Agreements with the
host institutions of the applicants. The Grant Agreement must comply with all relevant rules and
procedures of the World Bank and there is subject to Bank’s clearance before signing.
82.
The IEB’s final award decision may include conditions to be accepted by the grantee to
receive funding. Such conditions can be the modification of the requested budget, the inclusion of
additional research activities, the improvement of research methodology and other activities aiming
at the improvement of research quality and impact.
83.
Detailed grant implementation guidance will be included in the GFM and the Grant
Agreement. Such mechanisms will strike the right balance between making the process less onerous
on the grantee and preventing wastage and fraud at the same time.
84.
If the Grant Agreement is not signed by the grant recipients within 30 calendar days from
the date of official notification of the winners, the proposal will be rejected and the next best-scored
proposal from the waiting list will be called.
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