Changing the goals of the Israel Natural Gas Routes Ltd. – amendment of a government decision

Pursuant to the authority set forth in Regulation 3D(c)(3) of the Regulations on the Obligation of Tenders, 1993-5577, to approve the principles of the framework agreement between the State of Israel, through the Ministry of Jerusalem and Israel’s Tradition (hereinafter: “the Ministry”), and the Society for the Rehabilitation and Development of the Jewish Quarter in the city Old Jerusalem Ltd. (hereinafter: “the company”) as detailed below:
A. Summary of principles for the framework agreement
1. The framework agreement to be signed between the Government of Israel, through the Ministry, and the company will apply to the company’s areas of activity as detailed in Government Decision No. 615 of November 11, 2021 (hereinafter: “Government Decision 615”) and in the document recognizing the company as an executive arm of July 6, 2022 as follows: A. Property and real estate management and execution of subleases and rentals in the area of the Jewish Quarter in the Old City of Jerusalem, including the Robinson Arch site but excluding the Western Wall. B. Management, planning, construction, execution, purchase, operation and maintenance, development, supervision, construction, preservation and restoration of buildings, land and infrastructure, in the area of the Jewish Quarter in the Old City of Jerusalem including the Robinson Arch site but excluding the Western Wall. third. Promotion, execution, management and operation of tourist projects as well as projects related to the construction of roads and highways, in the area of the Jewish Quarter in the Old City of Jerusalem, including the Robinson Arch site with the exception of the Western Wall. For the avoidance of doubt, it is clarified that the areas of management detailed above are subject to what is stated in Section 6 of Government Resolution 615, and that the definition of “the Western Wall” for the purpose of the aforementioned areas of management will be in accordance with Section 8 of Government Resolution 615, that is, with these principles: The Western Wall shall refer to the Western Wall and its extension, including the Wall tunnels Every building and every overhead or underground passage to which the entrance is from the extension, as well as the Mogharev bridge.
2. The scope of the budget in the framework agreement shall not exceed NIS 250,000,000 for a period of five years from the date of signature of the authorized signatories on behalf of the Ministry on the agreement (hereinafter: the “contract period”). As additional budgets are received to carry out the goals of the agreement, it will be possible to expand it subject to a government decision, the decision of the ministry and subject to any law. The allocation of the budget is subject to the procedures of the office and is conditional on the existence of an appropriate budget.
B. Detail of principles for the framework agreement
1. Demarcation of activity 1.1. The field of activity in relation to which the framework agreement will apply will be as stated above – the field of activity for which the company has been defined as an executive arm of the government in the areas of management, in accordance with regulation 3d of the regulations on the obligation of tenders, 1993 (hereinafter: “the regulations”) as well as other fields of activity, to the extent that they are approved by the government And in accordance with any law, as specified in Section A.1 above. 1.2. The company will be required to submit annual work plans for the approval of the Ministry. The work plan will be submitted in accordance with schedules that will be determined by the Ministry and will be an integral part of the framework agreement with the company. The work plan will not exceed the annual budget that will be allocated by the firm to the company. 1.3. The work plan will define individual projects and services, including milestones, execution schedules and costs for each milestone. 1.4. At any time during the period of the agreement, including after submitting an annual work plan, the firm will be entitled to demand that the company submit an updated work plan according to the outline to be determined by the firm. 1.5. Any change or deviation from the work plan will be approved in advance in writing by the authorized parties in the firm – the firm’s CEO, the firm’s legal advisor and the firm’s accountant.
2. Financial delimitation and the contract period 2.1. The scope of the budget in the framework agreement shall not exceed 250,000,000 NIS for a period of five years from the date of signature of the authorized signatories on behalf of the Ministry on the agreement. 2.2. To the extent that additional budgets are received to carry out the goals of the agreement, beyond the scope of the above fixed budget, it will be possible to implement them through the agreement by expanding the engagement and this subject to the amendment of the government decision, the approval of the ministry and subject to the provisions of any law.
3. Payments 3.1. The company will not carry out any activity that it has to create a financial obligation of the company or the firm towards the company or towards third parties, including contracting with subcontractors or publishing work tenders for subcontractors without receiving a signed order by the firm’s authorized signatories. The office will not pay compensation for an activity for which a signed order was not issued as mentioned. 3.2. The overhead rate will be determined by the office and anchored in the framework agreement with the company. The overhead rate will be determined as a graduated mechanism in accordance with the scope of the annual work plan, provided that it does not exceed 5% of the scope of the actual project implementation cost. 3.3. Payment of consideration for activity will be made in accordance with the payment dates established in the instructions of the Accountant General which are updated from time to time and subject to the issuance of a detailed invoice and performance report by the company and the confirmation of the professional elements in the office that the services have been received in full and to their satisfaction. It will be clarified that the office will be entitled to demand from the company any additional document relating to the activity financed by it, both fully and partially. 3.4. If, after the payment is made, it becomes clear that for some reason the firm paid an excess, the firm will have the right to make offsets from the subsequent payments and all in accordance with the firm’s discretion. 3.5. It will be clarified that the firm will not transfer consideration for an activity for which a signed order has not been issued by the firm’s authorized signatories, including activity that creates a financial obligation of the company or the firm towards the company or towards third parties, including contracting with subcontractors or publishing job tenders For subcontractors. 3.6. Supplier credit, including advances as well as the terms of payment, will be determined in accordance with the guidelines of the Accountant General which are updated from time to time. 3.7. Approval of the execution of projects under the framework agreement by public bodies (such as: government companies, statutory corporations) or by government ministries – beyond the Ministry of Jerusalem and Israel’s Tradition – will be subject to regulation 3(5) of the aforementioned regulations.
4. Reporting and control 4.1. The company will submit, according to the Ministry’s request and at least once a quarter, a periodic report on the execution of the activity and compliance with the work plan. The report will include the budget of the activity versus the actual performance, including a verbal breakdown of engagements made with third parties/subcontractors and the company’s future obligations towards them, as well as a report on joint revenues in the project (Mechieng), if any. 4.2. At any time, the office will be entitled to demand any data or information regarding the performance of the company’s obligations in accordance with the agreement, including review and control of the account books