Loss Reduction Sub-Activity Sample Clauses

Loss Reduction Sub-Activity. The Loss Reduction Sub-Activity invests in improving EDSA’s managerial efficiency and in reducing its technical and commercial distribution losses. This sub-activity does so by funding an EDSA turnaround plan, procuring new meters and loss reduction equipment, and providing an embedded firm to improve EDSA’s loss reduction capacity, including customer normalization. These elements are described below. The first element of the Loss Reduction Sub-Activity is funding a consulting firm that shall develop a detailed and robust performance turnaround action plan for EDSA (the “EDSA Turnaround Action Plan”), as a complement to the work of a World Bank-sponsored transaction advisor working to prepare a potential private sector participation transaction for EDSA. The EDSA Turnaround Action Plan shall look at all aspects of the distribution business including organizational structure, human resources, management processes, financial and accounting management, commercial processes, and operational planning and maintenance practices and investments. It shall also provide a comprehensive strategy for EDSA improvement over a 5–10-year implementation period, with key milestones, targets, and resource requirements. The EDSA Turnaround Action Plan shall be developed by the consultant but with the intense involvement of EDSA management. The second element of the Loss Reduction Sub-Activity is aimed at reducing commercial losses at EDSA. The World Bank estimates EDSA’s combined commercial and technical losses to be substantial, which are mainly attributable to deficient metering, billing, collection, and revenue protection processes, as well as significant theft. This element shall fund a loss reduction advisor firm who has institutional knowledge and demonstrated experience in loss reduction to oversee field activity, and work with the management of EDSA to roll-out targeted loss reduction initiatives system-wide. The advisors are expected to be hired for at least three years for sufficient capacity building of EDSA staff and knowledge transfer. The advisors shall work with EDSA management to clarify responsibilities for losses and related activities and strengthen revenue protection and internal control systems processes and procedures. The third element of the Loss Reduction Sub-Activity is aimed at reducing EDSA’s technical losses, which are driven by factors such as insufficient throughput electricity capacity, voltage drops, congestion and overloaded equipment, etc. Th...
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Related to Loss Reduction Sub-Activity

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