Decision 20/42

October 1996
Multi-phase, umbrella and terminal umbrella projects

The Executive Committee decided that:

(a) For the purposes of decision 19/32, a maximum limit of US $4 million would apply to terminal umbrella projects;

(b) As different views were expressed on the appropriateness of the cost effectiveness thresholds applying to individual projects and the umbrella as a whole in terminal umbrella projects, the Executive Committee decided that this issue is open for further discussion and should be reconsidered prior to the end of the 18-month trial period;

(c) Decision 19/32 would not prejudice such reconsideration.