**1.** On the basis of the Report of the Committee for Reformulation of the IPSWAM Programme, January 2001 (revised version May 2002), hereinafter referred to as the ``Project Document", the Executive Authorities shall formulate by common consent an Inception Report stating the overall approach, the management cycle (reporting and formulation of annual plans), the contribution of either Party, the number and duties of the advisers, their job descriptions, the duration of their stay abroad and a description of the equipment and materials to be made available. The Inception Report will include a detailed Plan of Operations for the first year of the Project. For each consecutive year of the Project, an Annual Plan of Operations will be prepared on the basis of the Project Document.
**2.** The Annual Plans of Operations shall include an itemized budget of the contribution of either Party, a timetable and lists of equipment and materials to be supplied by either Party, and an Operation Priority Scheme.
Artikel VII
The Plan of Operations
Onderdeel van Administratief Akkoord tussen het Koninkrijk der Nederlanden en Bangladesh inzake het project " Integrated Planning for Sustinable Water Management (IPSWAM)"· Internationaal publiekrecht
Deze tekst geldt sinds 2 november 2003