256 



and specification of gear, and advice by a high-level consultative 

 group at a total cost not exceeding US$421,800. 



(d) Miscellaneous. Miscellaneous services and facilities as de- 

 tailed in Appendix I to the Work Plan and Plan of Expenditure. 



(e) Financial Consultant. To assist in the mobilisation of public 

 and private capital for the development of the industry, the Man- 

 aging Director of the United Nations Special Fund, at an appro- 

 priate stage of the project, may provide the services of a con- 

 sultant, acquainted with the financing of the industry and familiar 

 vi^ith the Caribbean area, to advise the Participating Governments 

 on the financing of the industry. 



B. Participation and contributions of the Governments 

 (i) Counterpart Contributions in Cash 



14. The Governments shall pay in cash the equivalent of US 

 $772,800 to cover the cost of : 



( a ) Personal Services 



A total of 2,677 man/months of counterpart staff services as 

 detailed in Appendix I to the Work Plan and Plan of Expendi- 

 ture for this project, at an estimated cost of the equivalent of US 

 $435,800. Within this total of man/months, minor adjustments 

 of individual post assignments may be made by the Executing 

 Agency if this is found to be in the best interests of the project. 



(b) Office and Shore Facilities 



Office and Shore facilities as detailed in Appendix I to the 

 Work Plan and Plan of Expenditure for this project, at an esti- 

 mated cost of the equivalent of US$50,000. 



(c) Equipment and Supplies 



Equipment and supplies for marketing demonstrations as de- 

 tailed in Appendix I to the Work Plan and Plan of Expenditure 

 for this project, and the cost of transportation, handling and in- 

 surance of project equipment (other than vessels) at an estimated 

 cost of the equivalent of US$30,000. 



(d) Maintenance and Ru/nning Expenses of Vessels 



A total estimated at the equivalent of US$257,000, to cover the 

 cost of upkeep and repair of the exploratory vessels, and the 

 operating expenses of the vessels including the cost of meals of 

 the crew and trainees on board, and the cost of marine insurance. 



15. The estimated cost of the counterpart contribution as detailed in 

 Appendix I to the Work Plan and Plan of Expenditure for this project 

 is based on the most realistic information available at the time of 

 drafting this Plan of Operation. It is understood that price fluctua- 

 tions during the .period of execution of the project may necessitate 

 an adjustment of said contribution in monetary terms; the latter shall 

 at all times be determined by the value of the services and facilities 

 required for the proper execution of the project. 



(ii) Other Contributions 



16. The Governments shall make available to the project, free of 

 charge, personnel, services and facilities of the type listed in the Annex 

 to this Plan of Operation in accordance with individual schedules to 

 be agreed between the Participating Government and the Executing 



