Approved by the Board on: 29 September 2005
The Board approves additional funding for the Phase 2 period of the Honduras grant HND-102-G01-H-OO) in the amount of USD 14,273,782. The Board specifies that the approved amount is an upper ceiling rather than a final funding amount, and that the final amount shall reflect the conditions to this approval and the responses to the clarifications requested by the Technical Review Panel, described below. This approval is subject to the satisfaction of each of the following conditions:
The Board reaffirms that the maximum funding amount for Phase 2 of this grant shall be the sum of (i) the amount approved by this decision and (ii) any funds available under the existing grant agreement, including bridge funding, that have not been disbursed by the Global Fund.
The budgetary implications of this decision point are USD 14,273,782.