131. The Executive Committee approved the following project to be implemented by UNDP and the funds indicated:
Approved amount
(US $)
Elimination of CFC-11 and CFC-12 in the manufacture of refrigerators 625,100*
at OYL Appliances
Plus 13 per cent project support costs to UNDP 81,263
* The operating cost component of this project should be adjusted on the basis of the costs prevailing following the start of operations, as reflected in paragraph 159 (b).
"159. Following a discussion, the Executive Committee decided as follows regarding projects submitted to the Thirteenth Meeting in the commercial and domestic refrigeration sub-sector:
(b) To approve incremental costs of one year's duration calculated on the basis of the costs prevailing following the start of operations, if that modality was requested, or incremental operating costs of six months' duration calculated on the basis of prices prevailing when projects were approved, or 10 per cent of incremental capital costs, if that modality was requested;"