transmittal of official documents - world bank file("disbursement guidelines") (attachment...
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TRANSMITTAL OF OFFICIAL DOCUMENTS
TO: Official Documents Desk DATE: May 15, 2012
FROM:?Hisham A. Abdo Kahin, Senior Counsel, LEGES
EXTENSION: 5777+349
SUBJECT: VIETNAM: Additional Financing for System Efficiency Improvement, Equitization, andRenewables Project(Credit No.4781-VN)Additional Instructions: Revised Disbursement Letter
Attached is/are the original(s) of Official Document(s) described below for safekeeping and for filing in the
Bank's Records Management System (e.g. WBDocs). Choose A, B, or C below.
A. Check here () if the document is for immediate public disclosure. No Exceptions apply.
B. Check here ( _ ) if the document is for public disclosure upon effectiveness. Please mark theapplicable AI Exception(s) and the Security Classification(s) below.
C. Check here ( _ ) if the document is not for public disclosure. Please mark the applicable AlException(s) and the Security Classification(s) below.
Please use separate transmittal forms for documents covered by different Al Policy Exceptions.
ACCESS TO INFORMATION (AI) POLICY EXCEPTIONS (Refer to the Policy for detailed explanation)
1. PERSONAL INFORMATION 6. OTHER DISCLOSURE REGIMES/ INVESTIGATIVE INFO
2. COMMUNICATION OF EDS' OFFICES 7. MEMBER/THIRD PARTY CONFIDENTIAL INFORMATION
3. BOARD ETHICS COMMITTEE 8. CORPORATE ADMINISTRATIVE MATTERS4. ATTORNEY-CLIENT PRIVILEGE 9. DELIBERATIVE INFORMATION5. SECURITY & SAFETY INFORMATION 10. A-C. FINANCIAL INFORMATION
D. FINANCIAL INFORMATION - BANKING & BILLING
11. BANK'S PREROGATIVE TO RESTRICT
Security Classification: ( ) Official Use Only ( ) Confidential* or ( ) Strictly Confidential*
Description of Document(s) Notes/Comments* For documents classified as Confidential or Strictly
Confidential, indicate the Bank departments/units/persons that may access.
Attached for Bank records is the original AdditionalInstructions: Revised Disbursement Letter dated May 10,2012, signed on behalf of the International DevelopmentAssociation by Miguel-Santiago Oliveira, Senior FinanceOfficer.
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WIKIAAFhe World Bank I (202)473-1000
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT sh Cable Address: INTBAFRADINTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS
May 10, 2012
H.E. Nguyen Van GiauGovernorState Bank of Vietnam49 Ly Thai ToHa N6iSocialist Republic of Vietnam
Re: IDA Financing! No. 4781 -VNAdditional Financing for System Efficiency Improvement, Eguitization, and Renewables Project
Additional Instructions: Revised Disbursement Letter
Excellency:
I refer to the Financing Agreement between the Socialist Republic of Vietnam ("Recipient")and the International Development Association ("Association") for the above-referenced Projectdated August 13, 2010. The Financing Agreement provides that the Association may issueadditional instructions regarding the withdrawal of the proceeds of Financing IDA 4781 -VN("Financing"). This letter ("Disbursement Letter"), as revised from time to time, constitutes theadditional instructions and replaces the previous version dated August 13, 2010.
The attached World Bank Disbursement Guidelines for Projects, dated May 1, 2006,("Disbursement Guidelines") (Attachment 1), are an integral part of this Disbursement Letter. Themanner in which the provisions in the Disbursement Guidelines apply to the Financing is specifiedbelow. Sections and subsections in parentheses below refer to the relevant sections and subsectionsin the Disbursement Guidelines and, unless otherwise defined in this letter, the capitalized termsused have the meanings ascribed to them in the Disbursement Guidelines.
L Disbursement Arrangements
(i) Disbursement Methods (section 2). The following Disbursement Methods may be used underthe Financing:
* Advance* Reimbursement* Direct Payment
* Special Commitment
(ii) Disbursement Deadline Date (subsection 3.7). The Disbursement Deadline Date is fourmonths after the Closing Date specified in the Financing Agreement. Any changes to this date willbe notified by the Association.
(iii) Disbursement Conditions (subsection 3.8). Please refer to the Disbursement Conditions in theFinancing Agreement.
II. Withdrawal of Financing Proceeds
(i) Authorized Signatures (subsection 3.1). Applications for this Financing will be signed by theofficial(s) authorized to sign Applications as indicated:1) in the letters dated April 25, 2011 and January 7, 2011 signed by Nguyen Van Binh, DeputyGovernor State Bank of Vietnam (Attachment 2) for the Ministry of Industry and Trade.2) in the letters dated April 25, 2011 and January 7, 2011 signed by Nguyen Van Binh, DeputyGovernor State Bank of Vietnam (Attachment 2) for Vietnam Electricity.3) in the letter dated September 6, 2011 signed by Nguyen Van Binh, Deputy Governor State Bankof Vietnam (Attachment 2) for Central Power Corporation.4) in the letter dated March 9, 2012 signed by Le Minh Hung, Deputy Governor State Bank ofVietnam (Attachment 2) for Southern Power Corporation.
(ii) Applications (subsections 3.2 - 3.3). Please provide completed and signed (a) Applications forwithdrawal, together with supporting documents, and (b) Applications for special commitments,together with a copy of the commercial bank letter of credit, to the address indicated below:
The World Bank23 th FloorTaipan Place BuildingOtigas Center, Pasig City, Manila, PhilippinesAttention: Loan Department
(iii) Electronic Delivery (subsection 3.4). The Association may permit the Recipient toelectronically deliver to the Association Applications (with supporting documents) through theAssociation's Client Connection, web-based portal. The option to deliver Applications to theAssociation by electronic means may be effected if: (a) the Recipient has designated in writing,pursuant to the terms of subparagraph (i) of this Section, its officials who are authorized to sign anddeliver Applications and to receive secure identification devices ("Tokens") from the Associationfor the purpose of delivering such Applications by electronic means; and (b) all such officialsdesignated by the Recipient have registered as users of Client Connection. If the Associationagrees, the Association will provide the Recipient with Tokens for the designated officials.Following which, the designated officials may deliver Applications electronically by completingForm 2380, which is accessible through Client Connection(https://clientconnection.worldbank.org). The Recipient may continue to exercise the option ofpreparing and delivering Applications in paper form. The Association reserves the right and may,in its sole discretion, temporarily or permanently disallow the electronic delivery of Applications bythe Recipient.
(iv) Terms and Conditions of Use of Tokens to Process Applications. By designating officials toaccept Tokens and by choosing to deliver the Applications electronically, the Recipient confirmsthrough the authorized signatory letter its agreement to: (a) abide by the Terms and Conditions ofUse of Secure Identification Devices in connection with Use of Electronic Means to ProcessApplications and Supporting Documentation ("Terms and Conditions of Use of Tokens") providedin Attachment 3; and (b) to deliver the Terms and Conditions of Use of Tokens to each such officialand to cause such official to abide by those terms and conditions.
(v) Minimum Value ofApplications (subsection 3.5). The Minimum Value of Applications forReimbursement, Direct Payment, and a Special Commitment is 20% of the Fixed Ceiling of theDesignated Accounts.
(vi) Advances (sections 5 and 6).
* Type of Designated Accounts (subsection 5.3): Five Segregated Accounts that wereopened under the existing Original Financing and will continue to be maintainedunder the Additional Financing.
* Currency of Designated Accounts (subsection 5.4): United States Dollars (US$).
* Financial Institutions at which the Designated Accounts are opened (subsection 5.5):The same financial institutions that currently hold the existing DesignatedAccounts.
* Ceilings (subsection 6.1):1) Ministry of Industry and Trade: Total Ceiling of US$ 500,000 for both theOriginal Credit and the Additional Financing.2) Vietnam Electricity: Total Ceiling of US$ 2 million for both the Original Creditand the Additional Financing.3) Northern Power Corporation: Total Ceiling of US$ 1 million for both the OriginalCredit and the Additional Financing.4) Central Power Corporation: Total Ceiling of US$ 1 million for both the OriginalCredit and the Additional Financing.5) Southern Power Corporation: Total Ceiling of US$ 1 million for both the OriginalCredit and the Additional Financing.
III. Reporting on Use of Financing Proceeds
(i) Supporting Documentation (section 4). Supporting documentation should be provided witheach Application for withdrawal as set out below:
* For requests for Reimbursement.
o Statement of Expenditure in the form attached (Attachment 4) for all expenditures/contracts not subject to the Association's prior review.
o List of payments against contracts in the form attached (Attachment 5), together withrecords evidencing eligible expenditures (e.g., copies of receipts, supplier invoices) forall contracts subject to the Association's prior review as indicated in the FinancingAgreement.
* For reporting eligible expenditures paid from the Designated Accounts.
o Statement of Expenditure in the form attached (Attachment 4) for all expenditures/contracts not subject to the Association's prior review.
o List of payments against contracts in the form attached (Attachment 5), together withrecords evidencing eligible expenditures (e.g., copies of receipts, supplier invoices) forall contracts subject to the Association's prior review as indicated in the FinancingAgreement.
o DA reconciliation Statement (Attachment 6)
For requests for Direct Payment.
o Records evidencing eligible expenditures, e.g., copies of receipts, supplier invoices.
(ii) Frequency of Reporting Eligible Expenditures Paid from the Designated Accounts(subsection 6.3): Quarterly.
IV. Other Important Information
For additional information on disbursement arrangements, please refer to the DisbursementHandbook available on the Association's public website at http://www.worldbank.org and its securewebsite "Client Connection" at http://clientconnection.worldbank.org. Print copies are availableupon request.
If you have not already done so, the Association recommends that you register as a user ofthe Client Connection website (https://clientconnection.worldbank.org). From this website you willbe able to download Applications, monitor the near real-time status of the Financing, and retrieverelated policy, financial, and procurement information. All Recipient officials authorized to signand deliver Applications by electronic means are required to register with Client Connection beforeelectronic delivery can be affected. For more information about the website and registrationarrangements, please contact the Association at <clientconnection(worldbank.org>.
If you have any queries in relation to the above, please contact the Loan Department team inManila, the Philippines, at [email protected] using the above reference.
Yours sincerely,
Miguel-Santiago OliveiraSenior Finance Officer
Attachments1. World Bank Disbursement Guidelines for Projects, dated May 1, 2006
. Authorized Signatures Letters Received- 9 us fi 1 t6/3. Terms and Conditions of Use of Secure Identification Devices in connection with Use of
Electronic Means to Process Applications and Supporting Documentation, dated January 20,2010
4. Form of Statement of Expenditure(5. Form of Payments Against Contracts Subject to the Association's Prior Review4'6. Form of Designated Account Reconciliation Statement
cc: Mr. Vu Huu Hoang, MinisterMinistry of Industry and Trade54 Hai Ba Trung Hanoi, VietnamTelephone no.: (04) 2220 2211Fax no.: (04) 2220 2359Email address:hungcq@moit. gov.vn
Mr. Dinh Quang Tri, Vice PresidentVietnam Electricity18 Tran Nguyen Han, Hanoi, VietnamTelephone no.: (844) 2220 1387Fax no.: (844) 2220 1386Email address: [email protected]
Mr. Nguyen Phuc Vinh, General DirectorNorthern Power Corporation20 Tran Nguyen HanTelephone no.: (844) 2210 0676Fax no.: (844) 3934 3798Email address: [email protected]
Mr. Tran Dinh Thanh. General DirectorCentral Power Corporation393 Trung Nu Vuong, Danang, VietnamTelephone no.: (84511) 221 0367Fax no.: (84511) 362 5071Email address: [email protected]
Mr. Nguyen Thanh Duy, General DirectorSouthern Power Corporation72 Hai Ba Trung, District 1, HCM city, VietnamTelephone no.: (848) 3824 4709Fax no.: (848) 2220 0352Email address: [email protected]
Attachment 1
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WORLD BANK
DISBURSEM XENT GUIDELINESFOR PROJECTS
LOAN DEPARTMENTMay 1, 2006
he inmtoa JIank for RtmnstrueIon andI Dhe pmn~•t
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World BankDisbursement Guidelines
for ProjectsMay 1, 2006
1~ I hr purpo>se~ d of ti< Guidein i to1 ffm the ik
Specifilly the Gui delines explamin a the differen t me:hodsused by the Bank todib <s loa pr lis. (bi dhe require-mems forte wihdrawaI fvrm the Lbu Áœout 4 I c) i ys
qulire d o provide to demonsTtate thve me Ifoan prceedsr eil en diturs i lte criteri fo 4etiu dei
gnaItedi aranis,4 9e) kie t rsiad conition applicabk to
advane if)h Oap of'~I': actoLt iL Baok ma1k4 it deLterns thatr lon prceedsi re nt needed or hv
½ei{ IuSed fest inel~ igic purpOiSC and a'g the Corusqence Of
refutukj
rower" iudthe bo[rrowe6r of an< 111R tian, IDA ered or Proec Prepa-4i'* I i&ci>'y a ir iad the e:ipin of a«;j ;rn nd ian ;'nt'em
inludes the aglTri;m ent wi tiŽan providing for a~ rdi gramn r
unr1<r> th Paj Py-Ireprationt FM<y and irnt fmac uner I r
atr emi ns "tomu t i f'nes Guiw<rs do appny i ' othe reipiem-
(xotø gu en' r <an ton fni » tie «- ceptd' ioil. hr ft rni ii
44o 4t agreement wirthe tl>Žuoi rit make lprvisiof nt' diffImt'~ reqiremen1ttii
i heyv dot not iapp1ly t1 i L4lopen Poe liam'
5 1
2 DIsbursment ehds
2.1 The Bank 1stablihes disbursement arrangements for an op-( rtIo1nin cnŽultationa with t he borrower and taking intoecnisfierat<In, snn she, an uss:mnt.l of the heirower'
ún•mal mangen tiand proceenit arrantgements the
procuremnt plan~ and cash Eowv ne1ens of the oraion, andit s disbursemnent experience withf the borcrower,
2.2 Thie Bnk diAsur g proct. fm tn he lame Ama: wahlished for e;ah oan. to or on the arder af ho horrower, usinogone or more of the disbursemnent miethods set forth~ bekaw, sdetrm70ned by the Bank.
(a) Reimburemnut: 1The Bank may reimbiurse the boir-rower for expendlitures eligible far fimancing pursuant tothe Loan Agreemnent ("hgible expenditures") that thebdorrower has pruan f hrm i n own resurce,
(b) A dtance: Ihe Baik may dvantl loa npro¼ads intofl I mainatacunt of the börro to fmance eligileexpenIfturess as they are incurred and for which sup-port ing dormanit:, will be prov:e la a later date (seesect ion 5, 'Designalted A'roends")1
(c) Díircrt Pnyment: The Bank may make paymeem, slthe bhorrowr' reqluet, direvtly to a third party te g
suppldier, contract or, consultant )far ehlble expendi-
(d) S*pecli a Commitjmen t The: Bank may pay amnoinsboatird prty fora eligöil expendlitue w14 id er spea
comrmitrments enitered into, in writing, at the borrower's
request and on termns and condit:ons agreed btetween the0
3. Withdrawal of Loan Proceeds
3.1 A ntharized Signatuiires, Before loan proceeds tm ay bewaiihdrawn ouracommttedr from the Loan Accout. the att-
|6
thorized re psenta tive of the borrower (as designat ed in theLoan AgreemenS must furnish to the Bank (a) lie icnan(s)of the official(s) authorized to sign plications for with-drawal and applications for a special commitnent (coller-tivly. "Applications), and (b) the authenticated specimensigiatire(s) of the offMcial(s). The borrower ri st indieateelearly if nore than one signature is required on Applica-ions and inust notify the Bank promnptly of any changes in
signat ure authority
3.2 4pplications. Applications nist be provided to the Bankin such form and inchude such informaHion as the Bank mayreasonably reques, Application forns are available onlinefrom the Client Connection Web site at htip://,dientconn -tion.orldbank, org or from the Bank upon request.
3.3 For withdrawal from the Loan Account for advances. theborrower should provide an original signed appliation forwithdrawal. For withdrawal from the Loan Account for re-imbnrsements and direct paymenis and for reporting on theuse of advaces, the borrower should provide an originalsigned application for withdrawal together with one copyof supporting documents (see section 4, "Supporting Docu-ientation Requiremuents For a special ommiitmeiit fromthe Loan Account , the borrower should provide an originalsigned application for a special commitment together withone copy of the letter of credit. The Bank reserves the riglitnot to accepi or review duplicate copies of Applications andsupporting dourrnents and may at its discretion return ordestroy the duplicates.
3.4 Electronic Delivery. The Bank may authorize the bor-Tower to use electronic meas. in a manner and on tersand conditions specified by the Bank. to deliver Applicationsand supporting documentation to the Bank. Applicationsand support ing doc-nentatio delivered in accordance withthis subsetion will be deemed to have been provided to theBank for the purposes of satisfying the requirements of sub-sections 3.2 and 3.3 of these Guidelines.
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3«5 Åfizmn Vklue Af pplim tms Tie Bank estaihskva rmiMniu vale fhr Applations fr reiNbursemnent dire
rxayment, and special connuitm3ient The Bank reterves theright nht to nep : \ a i t r k -- i a
3,6 Loan Disbnrsing Period. Tlbe Bank processes App-cat ans only« aber t hie Loan Agreemaen has~ bea declared
offective in corance with lhe lerms of the Lan Agree-ment Th expenditures fur which the Appliis aremade mast he:
(a} paid for ti; on ut ad 1krh dtev <4 the Lan Agreemnt,ur ii) in the <ase of ope«ratins that permit retroactivefinancing. on or after the earlier date specified ln theLian Agri-int 1k har, purpose: and
(b) incurre on or bere whe ciosing dat speciñed or re-ierred t in 1he lian Agreemet i<cing Dat« :
cetas otlherwise specifvcally« agreed with the Bank,
3.7 The loan dibringi period ends oa the fata date est ablishedby L e Bank Fur receipt by the Bank d applications for with-«dralwid and supili i; dCumnetativon t Le "«DwhtirsvnentDead«line Date« ). iThe Disbursemnent Deadline Date may biethe satme as the Uasing Date« or tup to four Imonths after theCh1in~tg Dte. Normaally, to <fppvortt orderly proŽjet comnple-
ini nd el Ur uf the Loan Accoutai t atik doesno a 4 ;n
r ept applicationis fur withdrawal or sujprting docuinmntat lonreceived after the Disbursement Deadline Date. The borrower
shold promiptly Iifrm the Hank of any expected implemen-«a:on delay or« ex5 pt lowd taldiist rve issues before thiese
dateos Thje Bank notiFes the iorrower« of any exceptien thatthe Bank may make to the lDisbursemenr Deadline Date,
3,8 Din burnemen! Condit ons. IFi the hein A\greemnent cn-iwn a disbuirsemient condition for a specifa expendit ure eat-
egory. thle Biank will dtsburs«e loan proceeds for that cat egoryonily after the disbursenment condition has been fulfIled andthe Baink heIr notifted the IborrowAer to tis ffem
is8
4. Supporting Dommntation Requirements
01 Il'e borrowr prvides spr-hn documenitation to 1theBank os show that loan pr ceeå have been or mja
1.2 For spe-ial co:rmnitments, theu erial bank rovides itscnrimaton directly to the -an that cni dion är rea
of fr pi,a0 lC 0r 0 v M: a i have bn mwt.
4.3 Tp of Supporting Docune ntation. The Bank re-uie e r opis of th rigm l dmiiunts evidentring
ogible p and its ( fveordL" i or suwnmary reports ofex
peIst Rero o.man Reparis" Snål 6~in su mnud b
as invies and1 reciapts A Summrrary Report may be ether
al tihe ntorimunauiteLd fun i id repoirt riredi undrhe Loan Agrementi "hitim Finucel Räporä1 or ( a st at0mm of exp eitmrt smiimarizing migile n
tures paid during a siated period (Stamnt of Expendi-
ur mm i all cassP1 i 3 b a rrower is rayonsibC M r .tainirgt he origminal doiuinent1 idenieing chgible expndiure, ad
making ot avilable for a 1 or insp, ctio n_
4 The ank determine th typ es o supporting docurietatia1 i borrower h11 prnide, tpakin i tal ci deratin
the dilbursement methd usd Then siupringa do'unmentrt ion may be the follow ing
{a) For uppholäns for rimburememnIft liii nm
F1 i naal Repor i St mens of Expenditure (i IRåcorde s or (i Reco required by the Bank for spe-
ci_E exieditres and Statements of LXpCEnditure for allother expeditures;
{h) For rr ting on the w of udeafncemsm (,i hurimFicM flRipr a i S: amns of ExpexEmur, (iiiRicords- or (v Records required by the Bank for sper
cif expenditures and Statement of Expenditure for alld hr j sx u w.pit
9'|
{ ,) For ,ppintrtw4 for drect payents: c
(d) Any tier supporing doumenttion that de Bankm rqe by notidc to the borrr.
t.5 Failur to Ahorid Audittd Finontäa staflelns.t h ~ borrowetr F0 in provide any of the nted Finania
t atements re ;uired in. accordance wit h. andi~ wit 1ha theperäd oti su pie in the Lon. Agr ent .the Bank nay
a inl d isrtin dn - d n161 t t aS ep I , pMou s for wildraal iuprted by Sunnarwy lepr eVu% if mucl re per-are a by Herd.
5. Designated Accounts
5.1 Le bxorroer ay oxnoe or momr davaqnucd mugsinto 1 i whc th ak may,05 r th hrrwie r's r eqta 1-i d -
por1 aont:s wInitawn from the Lonr Accout ffr tnpurpose of paingW fr e il expentres as they are itm-
uNrred xD S'ignated Account Beore M te Bank authorizeu0shmef a D nudd er unt thr borrower i b -T
have adegnte S <hSil rsamyca ty. rnal riS s utofGad eelonaihl and auditing prldors r ensure effeel io
5.3sy o oh Designled 4cc,niT
5.2 olie Bank my dide n l t 1~rL he rx o,if Dltairdm
A1ou0ts in new project if he rrower he faild ofundf undoenm0 ete adanes~0 i te Desga ted Accounlt of
any o,thetr loan1 to. or guiaateed'r by, the borrowrwihi1iwoi motrlhsl afte r hd rr D ulrna Deadlline DaIrte fr Auch
5.3 Tåpe of DesignaÅted Accouint. A Desiig:ated Accounlt maLe esl ablhished in ole of th~e 1 wer wav y 1elout hai r e arp-
prprsfr <ile opeU1r tioln cnrnerd. 10 deerined andnotif6ed by the Bak.
|l
(a) Segregated Acceount: this is an nccount of' the borrowerto wich only piroceeds of' the loan ray tie depositedl;
(b) IPoed Aecount: 4 Lis i> an accomitd L Zhettorrwr
it: o whjiL the on procet,tV and prm Édfs of other h
nainrCtg for the' opera; m io eg boLrroweer resoureksador ima:cing lby other dveloepment partnetrs; raay Le de-
pocsitedi.
5.4 Cuney~ of the Detqguied Arroun!, Di%nated Aå-tounta nast Le int a iurrency acceptable to the Bank, incountis t hat have a freedy convertible currenty, IDesigtnat:Accounts nay be hl 1 in the currency l of th errower orny reel convertilhe urrewy. The Ihak mnay nYseage
'0ohlocal curr'ency Deignat ed Accont when inrer alin, the'country's currency (et'en lf net freely convertiblej is 'tableand the expundit 'res to be fninancd are prirnar'ily ti krtxtl curtenty. lthe borrower hear all riks sioe iiated with
foreigrn exchiange' dultuationis between ia; the curncy of'dienomlination of the koan and that of' the horrowe'r' Desig-na ed Accoiunt and (b; the curre'ncy of denetn ina un of' Lhe
borroer's Designt4ed AÅrunttt altd I ' currec r currtn
5.5 Fmanncil lnstitiution. Designated Akcounits tmusi Leope'neds andl naia<tained in ai t:ancil ixnsititlein ;tccepl
al~ t the Bank en terrms ande cnditiens aerrele' to t heBank. Toe Le Recepnahre t'o the BaUn, die fmaaeial institrutieRpropoesedt by the herres'r shoukd generally' meet all the fel-
tiam rt'neule se:
<b) Le authorized to maintain the D esignatd Accouant inite curency agtried bieween nhe Bank aind th e r-
(C) le audtited re'gtbaly, h a tv.t'.., tsariifl yaudi' r'«port s:
11 !
(d) o Yaa rg r of rat~atio
(e) be able to erfori a wd range of baking rice sat-
(f) be alAe 1o povide a detailed catment of th eig-:aOM Allsyno:
(h harge rea e fees for its servires.
5.6 l i& 8axk ä servr il rmt ght 0 rt to sat a fhnmnial n0ti-
A if äuhi ittio has or ssert a da
o off, Seize. or at :ach the proeeds of asy Bank loan oxdeposi i a Desiated Account mintained by it.
6. Terms and Conditions Applicable to Advances
6.1 Cciingy T notie : e borrowr of ihe mxain aum of bxoan proced that ma be on deposit in a Dsg
xna'ed Acount ithe Teiling Th Bank, 0 w its dmos ritio,may establxI the Ceiling as eithr a a fixed amonti, or (l'
an aount iha: i ajustd rm t ii I me to lime during rojet
impi ientation b1e *on en1die orcea oIiid f projti ohflow nmals
6.2 Applicuhons for Advances. Ihe borrower may apply for
an advanc in ani amunlt up to til Ceing k h re -gate amout of. thos e advanevs prvy reived byh th
horrowr for which the borrower has not yet providd sup,-
percing dom nta NorAly. to Support orderny lo seof V te Loax0nounL the ]ank doe nP : vance oan a
rdv a th Designawd Ar mxnt after h Cim i n DTc.
6,3 IYe uency of eporlti El ble Expeditur Paidfrom the De signa ted Accunt. The borrower reprt onih .xe of. loa procam adaned ii :e Drgnated A ou
12
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al iierval ' peied b ty the B biky Ii- mk o m thv borwr
Reprting Peri d . The borror shold ensure that alarnount deposited in te ignated Account are aconted
a orm 1 :hr sw reptrted p > the Disbur nwatior Deead-mlioe te After this dtot t iheorrower um rfunda te the
Bank any aIvnce still unavenuntei for er reainsing int
l)esign2aed: 1cowUs
I Vl iIJifhhjliy A dnceO. TheBank is nt required t mnkeÅMY r * il thIDsina, Areon if:
(a) le lXt 1eleTmilins that pa ment of th doeosit wo dresult in txembo th he ('iling (wu subsMetion ,2. Al
pick) i tor A S dvanme" l:
(b) The Bank ts not saltihed tha he bi lorrowers planedtaproj exp eit aut ustil c posit. The Bank may
by notic to. 1 i the rrwer ad just te amoutI I iepositsor wi thhl fiurher tdeposit s nto the' 1Designated Ar-~
s'oun tuntil it is satisfied that the fnnanoial neeods if thoproject warrant furtheor deoits
(c) Theorrower fails to lak tho ction rcqnirod pursuantto tho devterminan ons mae hvy lhe Bank undter subser-t"
tie• 7.1 n 72 cf thst' (oidelies.
(d) The borrowor faib nl pnr<ovd any io the nudietd inarfal Statemnis reired n odance with, and witinthe period of time speciefd in. the Lonn Agreemuent:
(e) li Bank detormilns that all frther withdrawans ofloan prtneeds shuld be h mt' by lthbrror diretly efrom Ihe ljpan A01ut a rl11US !MS ta :\'ot s-1er. f hö
(f) [ht' Bank LaM noetifted tho borrower of is: Intention toupen01d in wholeor in part tho horrower's right to make
wit lhrawls fre-ie thoa« A
65 Excss Adan If at any Y tiV 1 11 k dvriints1 Ottany aont deposi d in the Deig'nated Accoun will not ho
requd to cor further payments for eligible expenditreIYxessi Amonni I my al is disretion. reqire tho
hoWNMwr t ke one'of tho t atins isal bow eo c
13 1
asi16eaion by the Bank,Lttw et tiiTcltlt t t
the action requested:
(am) Provide evidene afatory to the- Blank wviihin a lriud spoe cnb tie Bank that thr lxce:ss Amnutnå will
be usedi to pay- for ehgible expndture-w If the evienceis inot furnished wit hin lie tim nr iod spec-:hed, therbosrrer umat-t pro mpt ly re-und thejIL tee-s AmXtiki to
thme Bank: #>r
(b) Refunnd tie Exc- Amont prnmptly
7. JneligibIe Expenditures
7.1 Imt hld Ense-ndtar: Gene-rally. If the Bank dete<ntiiTt t, i any amouant of the loan was usedi to nay for an
expendht urr:i that is aot eligirne pursliant to tliw ati Sgrt-eimi tNiti te eXpendtilnr • tie ink mav. ait titd-
'eret i,'reqire tei borrwe'r ti Fak one of the two atlionlisted helow.t Upn ntoeiitiation by the Bank. thle hborower
mast promtly tatke the act ion requnested:
(a) iled »-t et'pitivaleni$iitt amous t he Bak. ur
(b) I :ceplt imnailly, protvidt' -ubstit :2 e doletnit: r it t&i
denin g ther elignIle expendthiturtes
7.2 ineligie Expenditutres Paid from the Designated.4eout.If the Btank dietermeines that any panyment ''at of
the Desinmedtis Amou w- ittti not juisiti-d lby time evidencet-
frishedvi to the Batnk or wasi adel futr an ineliie expen-diture. the Bank imayt, at ts~ discettion. reqiret- the borowerto take one' tf t attions listed b-lows, L lia notinmatitn
iby i h antk, the iborroamir ntw-t pt-omtipt ly take thLe actioat
(a) iPrtvide the addiitional evidlene- rietudm by the' Bank:
(b) Depose an equ<im'givailent amo tunt mint the Designated -~ e
141
(d) E m n jøuiy at amounto 5an cv-rrvencing other eligible A exedtrs,
8. Refunds
8.1 B)orrower Dec:ision to Refund. 'i h~ borwrwa,uono tci h B!ankV refuned al! or any ana:t of the kmn m,,deJi 0 iR tLd'I siajslind 2ee~Ut tb- n 1ak kr ti. ærhe Lo<aa ~XAeoni.
8.2 Consequence of Refunds. I he Bank dhall detuheImhr li de toL 1, the ank in a"csdan- b!e
tudlik will be- Lrdtdt e L, Acun IW bQueui WitlidTaWRn or f~or CanCellatiox, lOTrWers S4 Oud Ne
awareL3 that refnd of Ioae proed(S ruay~ reult in wap teriaii i ci and or unwidin rt a foir :uw ots for whlich
thew~ nterres raou bi '3Mor currency hasen conkIViIee
.3 Other 04,bliya on Uffected by HRfiiwid f.Piid- nsf$0moum3 of$ tÅihe lo de not afica a re3I'.be .: ^ e Biainder the Loan Ar'eneen,
15 I
m så-
-1818 11 Sureet NNWaishiirigirn, DC 20433 -
IIElnnB -u-
§‡ +
.... .. ... .. .. .. ... ... ..
ne k- -. .......
Attachment 3
Terms and Conditions of Use of Secure Identification Devicesin connection with Use of Electronic Means
to Process Applicationsand Supporting Documentation
January 20, 2010
The World Bank (Bank)' will provide secure identification devices (Tokens) to permit theBorrower 2 to deliver applications for withdrawal and applications for special commitments underthe Agreement(s) and supporting documentation (such applications and supporting documentationtogether referred to in these Terms and Conditions of Use as Applications) to the Bankelectronically, on the terms and conditions of use specified herein.
A. Identification of Users.
1. The Borrower will be required to identify in a completed Authorized Signatory Letter (ASL)duly delivered to and received by the Bank each person who will be authorized to deliverApplications. The Bank will provide Tokens to each person identified in the ASL(Signatory), as provided below. The Borrower shall also immediately notify the Bank if aSignatory is no longer authorized by the Borrower to act as a Signatory.
2. Each Signatory must register as a user on the Bank's Client Connection (CC) website(https://clientconnection.worldbank.or ) prior to delivery of Tokens. Registration on CCwill require that the Signatory establish a CC password (CC Password). The Signatory shallnot reveal his/her CC Password to anyone or store or record the CC Password in written orother form. Upon registration as a CC user, the Signatory will be assigned a uniqueidentifying account name.
B. Distribution, Initialization and Return of Tokens.
1. The Bank will physically deliver a Token to each Signatory in a manner to be determined byand satisfactory to the Bank.
2. At the time of delivery of a Token to a Signatory, the Signatory will receive a copy of theseTerms and Conditions of Use for purposes of initializing the Token.
3. The Bank will verify that the Token, Temporary Password and Terms and Conditions ofUse have been duly delivered to and received by the CC User.
' "Bank" includes IBRD and IDA.2 "Borrower" includes the borrower of an IBRD loan, IDA credit, or Project Preparation Facility advance and therecipient of a grant.
4. Promptly upon receipt of the Token and Terms and Conditions of Use, the Signatory willaccess CC using his/her account name and CC Password and register his/her Token and seta personal identification number (PIN) to be used in connection with the use of his/herToken, after which the Token will be initialized for use by the Signatory exclusively forpurposes of delivering Applications. Upon initialization of the Token, the Signatory will bea "Token User". The Bank will maintain in its database a user account (Account) for eachToken User for purposes of managing the Token of the Token User. Neither the Borrowernor the Token User will have any access to the Account.
5. Prior to first use of the Token by the Token User for delivering Applications, the Borrowershall ensure that the Token User has received training materials provided by the Bank in useof the Token.
6. Tokens shall be promptly returned to the Bank upon request of the Bank.
C. Management of Tokens.
1. Tokens will remain the property of the Bank.
2. Use of the Token is strictly limited to use in the delivery of Applications by the Token Userin the manner prescribed by the Bank in the Agreement(s) and these Terms and Conditions.Any other use of the Token is prohibited.
3. The Bank assumes no responsibility or liability whatsoever for any misuse of the Token bythe Token User, other representatives of the Borrower, or third parties.
4. The Borrower undertakes to ensure, and represents and warrants to the Bank (suchrepresentation and warranty being expressly relied upon by the Bank in delivery of a Tokento each Token User) that each Token User is provided, understands and will abide by, theseTerms and Conditions of Use, including without limitation the following:
Security
4.1. The Token User shall not reveal his/her PIN to anyone or store or record the PIN inwritten or other form.
4.2. The Token User shall not allow anyone else to utilize a Token to deliver anApplication to the Bank.
4.3. The Token User shall always logout from CC when not using the system. Failure tologout properly can create a route into the system that is unprotected.
4.4. If the Token User believes a third party has learned his/her PIN or has lost his/herToken he/she shall immediately notify clientconnectiongworldbank.org.
4.5. The Borrower shall immediately notify the Bank at [email protected] any lost, stolen or compromised Tokens, and take other reasonable steps to ensure suchTokens are disabled immediately.
Care of Tokens
4.6. Tokens contain delicate and sophisticated instrumentation and therefore should behandled with due care, and should not be immersed in liquids, exposed to extremetemperatures, crushed or bent. Also, Tokens should be kept more than five (5) cm fromdevices that generate electromagnetic radiation (EMR), such as mobile phones, phone-enabled PDAs, smart phones and other similar devices. Tokens should be carried and storedseparate from any EMR device. At close range (less than 5 cm), these devices can outputhigh levels of EMR that can interfere with the proper operation of electronic equipment,including the Token.
4.7 Without derogating from these Terms and Conditions of Use, other technicalinstructions on the proper use and care Tokens are available at http://www.rsa.com.
5. Replacement
5.1. Lost, damaged, compromised (in terms of 4.5, above) or destroyed Tokens will bereplaced at the expense of the Borrower.
5.2. The Bank reserves the right, in its sole discretion, not to replace any Token in thecase of misuse, or not to reactivate a Token User's Account
6. Reservation of Right to disable Token
6.1. The Borrower shall reserve the right to revoke the authorization of a Token User touse a Token for any reason.
6.2. The Bank reserves the right, in its sole discretion, to temporarily or permanentlydisable a Token, de-activate a Token User's Account or both.
Attachent 4
Slatement of Expenditures (SOE)
Paynents made during the period hi to DateApplkation N _ _
for openditures again,t thevntiat, not sbjed to the Ass4t4ion- Pior CmditReview
SOE No.
-te -A-rx
1 234 5 67
(")~'r To-alAmcunt iM 1 o! mu o'1er o k r .s 1. R 7 1de
Tc-Apw n Ce-x gMx 6) Ar curt le~A - AuneAm€Ap,
s~409damfrrVhaS E se- rcj al
A i e s 'can bsho u be used for et oaey NancigJ- sh erp4bya y or a sep41a SOE lirm May be used fot cxh
Attachment 5
Payments Made during Reporting PeriodAgainst Contracts Subject to the Association's Prior Review
Date ofWN'B'sNon WBT's Share of
Objection Amount Paid Amt Paid toContract Contract Contract to to Supplier SupplierNumber Supplier Date Amount Contract during Period during Period
'IA
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r rf :U MU~R W:0 0 ii/ IWI
L iO AUl ADVAYNCflDf k'XMliD I~ AK (OL.m: CkAilflk
' Les yccrTAL AScar~ Ft AcovEID envn ? usxL sN:5
i FI&;ALS PRESYNT $:iT ANI2N< A tjLŽ4 MTn ApkNCL ID )lui DI)I*S.;IA L tCXLNI 6,hL ihM LL$S NUMÉ c2 5
i. BALAs.CE OF U: StGNAx ItED ACCOLJ PLI Al AVl L ED SANK51 A TIEEN AiS VF DaJ 5E
: lÆtAt AMvC'U:T CL:U IEl) IN11PM
6 D TAL AMOULNi W9linDRA' AND) SNOI YET CL.ED'
EAK MON6'AMD NP :OS 3t l4
r uJT 'ETCRED)ITZD åTDræTICé BAiNI S.AJTEiEQT
; K c i a .ED iue i
a! MINtrSa LNIEIÉrLE AIINI3D -54
S o XPAt&tlttOcAtmT f:if~Ntt I:I1K 11Ra14: lU -k APU N s ~ .?5.'
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