Art. II Administratief Akkoord tussen het Koninkrijk der Nederlanden en de Volksrepubliek Bangladesh inzake het project 'Char Development and Settlement Project – Bridging (Additional Financing)' — (The contribution by the Netherlands Party)

The Netherlands Party shall make a contribution of €5.000.000 (five million euros) in the form of grant to the Project in the following manner: € 5.000.000 for Technical Assistance, through direct contracting by the Netherlands Party. The Netherlands Party's contribution will become available on the condition that: The Bangladesh Party shall have approved the Development Project Proformas (DPPs) of all five participating departments (BWDB, LGED, DPHE, Forestry Department, Land); and The Bangladesh Water Development Board shall have appointed the Project Coordination Director. The Netherlands Party shall make an additional contribution of € 2.296.615 (top-up to accommodate the extension) on top of € 5.000.000 (the original TA budget, as concluded on 29 April 2021 and 23 May 2021), € 7.296.615 in total (seven million two hundred and ninetysix thousand six hundred and fifteen euros) in the form of grant to the Project in the following manner: € 2.296.615 (top-up to accommodate the extension) for Technical Assistance, through direct contracting by the Netherlands Party. The Netherlands Party's contribution will become available on the condition that: The Bangladesh Party shall have approved the Development Project Proformas (DPPs) of all five participating departments (BWDB, LGED, DPHE, Forestry Department, Land); and The Bangladesh Water Development Board shall have appointed the Project Coordination Director.

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