Project proposals: Iran
"Conversion of domestic refrigerator production facilities to phase out CFC-11 and CFC-12 at Arj, Azmayesh, Bahman, Iran Poya and Pars Appliances"
111. The Executive Committee approved phase I of the project in the amount of US $3,648,086 including 15 per cent contingency and 13 per cent support costs of US $419,691 for UNIDO. It further granted UNIDO permission to proceed with the development of phase II of the project. The Committee, however, did not endorse the Secretariat's recommendation that the recurrent cost calculation used in phase I of the project should be used in similar projects in future and decided to continue a case-by-case review of recurring incremental costs depending on merit. Several representatives recognized that the Fund might not be able to support excessive requests in the future.