Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
(1) Goods, works, Training, Cash Compensation and consultants’ services for Part B of the Project 39,700,000 90%
(2) Goods, works, (other than Road and Drainage Works), Training and consultants’ services for Part C of the Project 4,950,000 90%
(3) Road and Drainage Works, for Part C of the Project 13,550,000 90%
(4) Goods, Training, Operating Costs, audits and consultants’ services for Part D of the Project 9,550,000 100%
(5) Refund of Project Preparation Advance 1,100,000 Amount payable pursuant to Section 2.07 of the General Conditions (6) Unallocated 2,350,000 TOTAL AMOUNT 71,200,000
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Credit to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Credit Allocated (expressed in SDR) Percentage of Expenditures to be Financed (inclusive of Taxes)
(1) Goods, consultants’ services, Training and Operating Costs for Part A of the Project 800,000 100%
(2) Goods, consultants’ services, Training and Operating Costs for Part B of the Project 1,000,000 100% TOTAL AMOUNT 1,800,000 For the purpose of this Section IV.A.2:
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the Categories of Eligible Expenditures that may be financed out of the proceeds of the Financing, the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Financing Allocated (expressed in SDR) Percentage of Expenditures to be Financed (inclusive of Taxes)
(1) Works under Parts 2.3 and 3.3(ii) of the Project 500,000 100%
(2) Goods, consultants’ services, training and Operational Costs: (a) under Parts 1.2, 1.5 and 4 (i) of the Project (b) under Parts 3.2 and 3.3 of the Project (c) under Parts 1.1, 1.3, 1.4, 2, and 4 (ii) of the Project 220,000 3,000,000 1,980,000 16.66% 43% 100%
(3) Small Grants under Part 2.1 of the Project and Grants under Part 3.1 (b) of the Project 3,750,000 100% of the research costs covered by the Small Grant or Grant
(4) Grants under Part 3.1 (a) of the Project 450,000 16.66 % of the research costs covered by the Grant TOTAL AMOUNT 9,900,000
3. For the purposes of this Section, the term “Operational Costs” means expenditures incurred by CORAF and the PCU to finance the cost under the Project of: (i) salaries of the staff of CORAF and the PCU (excluding civil servants) and state contributions thereon; (ii) per diem and travel expenses of the staff to perform their responsibilities under the Project; (iii) fuel and vehicle maintenance and insurance; (iv) communication technology (including, without limitation, internet and telephone); (v) building security and maintenance; (vi) translation services, photocopies and publications; (vii) bank commissions; and (viii) utilities and office supplies.
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
(1) Goods 300,000 100% (2) Consultants’ Services 14,750,000 100% (3) Training and Workshops 575,000 100% (4) Incremental Operating Costs 375,000 100%
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Grant Allocated (expressed in SDR ) Percentage of Expenditures to be Financed (inclusive of taxes)
(1) Goods, Works, Consultants’ Services and Non-Consulting Services for Parts A and B of the Project 6,870,000 78%
(2) Goods, Works, Consultants’ Services and Operating Costs, including Audit and Training, for Parts C and D of the Project 3,230,000 100% TOTAL AMOUNT 10,100,000 For the purposes of this Schedule:
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
(1) Goods, works and consultants’ services for Part A of the Project 1,080,000 100%
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the Categories of Eligible Expenditures that may be financed out of the proceeds of the Financing, the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
(1) Works under Parts 2.3 and 3.3(ii) of the Project 950,000 100%
(2) Goods, consultants’ services, training, study tours, workshops and Operational Costs: (a) under Parts 1.2, 1.5 and 4 (i) of the Project (b) under Parts 1.1, 1.3, 1.4, 2, 3.2, 3.3 and 4 (ii) of the Project 200,000 4,350,000 13% 100%
(3) Small Grants under Part 2.1 of the Project and Grants under Part 3.1 (b) of the Project 2,000,000 100% of the research costs covered by the Small Grant or Grant
(4) Grants under Part 3.1 (a) of the Project 300,000 15% of the research costs covered by the Grant TOTAL AMOUNT 7,800,000
3. For the purposes of this Section, the term “Operational Costs” means expenditures incurred by CORAF and the PCU to finance the cost under the Project of: (i) salaries of the staff of CORAF and the PCU (excluding civil servants) and state contributions thereon; (ii) per diem and travel expenses of the staff to perform their responsibilities under the Project; (iii) fuel and vehicle maintenance and insurance; (iv) communication technology (including, without limitation, internet and telephone); (v) building security and maintenance; (vi) translation services, photocopies and publications; (vii) bank commissions; and (viii) utilities and office supplies.
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
Withdrawal of the Proceeds of the Financing. General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association may specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions) to finance Eligible Expenditures as set forth in the table in paragraph 2 below.
2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Credit to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category:
(1) Works, goods, consultants’ services, Training and Operating Costs under Part A of the Project 122,800,000 100%
(2) Works and consultants’ services, under Part B of the Project 37,900,000 83%
(3) Goods, consultants’ services, Training and Operating Costs under Parts C and D of the Project 7,200,000 100%
(4) Works under Part E of the Project 10,000,000 100%
1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made for payments made prior to the date of this Agreement, except that withdrawals up to an aggregate amount not to exceed $6 million equivalent may be made for payments made within one year prior to this date but on or after November 15, 2009, for Eligible Expenditures under Category 4.
2. The Closing Date is June 30, 2015. On each April 15 and October 15: Commencing October 15, 2020, to and including April 15, 2030 1% Commencing October 15, 2030, to and including April 15, 2050 2% * The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03(b) of the General Conditions.
