N/A 400.00 16 Dec 2008 31 Dec 2018 N/A Date … · For the meaning of each item, ... Program for an aggregate amount not exceeding $400.00 million from ADB’s ADF on 16 December

Annual MFF Progress Report40173013For the meaning of each item, please refer to the MFF Annual Report Definitions Table.

FACILITY UPDATEProject Title Multitranche Financing Facility - Highlands Region Road

Improvement Investment ProgramProject No. 40173-013

Country/Regional

Papua New Guinea Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

16 Dec 2008 31 Dec 2018 N/A

Division PATE

MFF Amount ($ million) 400.00

Source ADF

Cofinancing($ million) N/A

Source N/A

Facility Summary

ADB approved the Multitranche Financing Facility - Highlands Region Road Improvement Investment Program for an aggregate amount not exceeding $400.00 million from ADB’s ADF on 16 December 2008. Impact: The proposed Investment Program will establish a sustainable road system in the Highlands region that will enable maximum use of its natural, mineral, and human resources. It will contribute to the Government's MTDS, 2005-2010 objectives of (i) export-driven economic growth; (ii) rural development, and poverty reduction; (iii) good governance; and (iv) promotion of sustainable agriculture, forestry, fisheries and tourism. Outcome: The Investment Program will improve access to ports, markets, and livelihood opportunities, and reduce travel time and transport costs in the Highlands region. Outputs: The Investment Program focuses on the Highlands core road network (HCRN) of 2,500 km of major national and some provincial roads. The HCRN carries the bulk of the traffic in the region. The Investment Program will include (i) investment projects covering improvements to about 1,400 km of HCRN (Appendix 4) to be funded through four or more tranches; (ii) consulting services for (a) preparation of investment projects for ADB approval and design and supervision of civil works, and (b) preparation and administration of long-term road maintenance contracts for the entire 2,500 km of HCRN; (iii) support for capacity development, resource mobilization for maintenance funds, and improving road transport services; and (iv) monitoring the socioeconomic benefits of improved and maintained roads in the Highlands region. In addition, technical assistance is provided to support the DOT to prepare a new National Transport Development Plan (NTDP) for 2011-2020. Significant Developments of the Facility: There are no significant developments of the facility including major changes to the roadmap, investment program, and framework.

Estimated Total No. of Tranches to be Processed

1

Approved Tranches To Date 2Approved Tranche Amount to 209.00

1

Date

Facility Change in ScopeCategory Date Proposed Change

N/A N/A N/A Tranche Completion Report N/A

Facility Completion Report N/A

MFF Performance Rating (On Track, Potential Problem, At Risk)

Potential Problem

2

TRANCHE 1 UPDATE

Tranche Title Highlands Region Road Improvement Investment Program - Project 1

Project No. 40173-023

Country/Regional Papua New Guinea Loan/Grant No.

2496, 2497

Project Officer Muhammad Amir Ingratubun Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

22 Dec 2008 30 Jun 2013 29 Jun 2015Division PNRM

Tranche Amount($ million)

100.00 Source ADF

CofinancingAmount ($ million)

N/A Source N/A

Estimated Cost Overrun ($ million)

0.00

Estimated AmountUsed for DED1

($ million)

0.00

Project Data Sheet http://www.adb.org/projects/40173-023/main

1 DED = Detailed Engineering Design.3

Tranche Summary

ADB approved the Highlands Region Road Improvement Investment Program - Project 1, not exceeding the aggregate amount of $100.00 million on 22 December 2008. Impact: The proposed Investment Program will establish a sustainable road system in the Highlands region that will enable maximum use of its natural, mineral, and human resources. It will contribute to the Government's MTDS, 2005-2010 objectives of (i) export-driven economic growth; (ii) rural development, and poverty reduction; (iii) good governance; and (iv) promotion of sustainable agriculture, forestry, fisheries and tourism. Outcome: Improved accesibility and reduced transport cost in the Highlands region. Outputs: 1. Improved core road network in Highlands region. 2. Sustainable maintenance arrangements for core road network. 3. Improved capacity of NRA to plan and manage long-term road maintenance contracts. 4. More efficient DOW organization to deliver road improvements. 5. A new National Transport Development Plan for 2011 to 2020 Implementation Arrangements: DOW continuous to be the Executing Agency for the Investment Program and Implementing Agency for the road improvement works. The NRA is the Implementing Agency for road maintenance. This will include all road maintenance works contracted directly by the NRA or transferred from the DOW. The Highlands Road Management Group (HRMG), which is DOW project implementation unit for the ongoing ADB loans, is responsible for implementing road improvement works. Both DOW and NRA are supported by project implementation support consultants. Implementation Status: Overall, the project is about 65% complete. Civil works are ongoing and on average, are 80% complete by end December 2014. The EA granted time extension for both contracts due to delays experienced in project and contracts start-ups. The EA expects to substantially complete all works by mid-2015. The capacity development activities for the DOW and NRA PMUs are ongoing. Hands-on and on-the-field trainings by the design and supervision consultants for both road improvements and maintenance were provided. The EA has finalized the contracts for road safety and the socioeconomic impact study due for signing in early 2015.

Tranche Change in ScopeCategory Date Proposed Change

N/A N/A N/A


Tranche Performance( Quarterly Performance as of 31 Dec 2014 )

On Track Potential Problem Actual ProblemOverall Rating ✓

Financial ✓Contract Awards ✓Disbursements ✓Safeguards ✓Technical ✓

Contract Awards &Disbursements(Cumulative)

Contract Awards Disbursements$ million % $ million %

92.26 93.00 69.46 76.47

Significant Developments During the Year

Tranche 1 (Loans 2496 and 2497) is a loan of $100.00 million from the Asian Development Fund (ADF), which was approved 22 December 2008, and declared effective on 18 May 2009. Tranche 1 is rated as On Track. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 1 have reached $92.26 million (93.0%) and $69.46 million (76.5%), respectively. Physical progress on each contract averages 80% completion by end December 2014. The EA granted time extension for contractors to substantially complete all works. The EA completed compensation payments for crops and structures by end December 2014. The final reports for compensation are expected by January 2015. Overall, the project rating improved from being a "potential problem" to an "on-track" project due to increased disbursements towards the end of 2014. Scope Change: There were no scope changes for this tranche in 2014. Undertaking and Covenants: Generally, the EA and government continue to comply with ongoing loan covenants.


TRANCHE 2 UPDATE

Tranche Title Highlands Region Road Improvement Investment Program - Project 2



3076, 3077

Project Officer Sarosh I. Khan Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

04 Dec 2013 30 Jun 2018 N/ADivision PATE


109.00 Source ADFOCR


N/A Source N/A


N/A


($ million)

N/A


Tranche Summary

ADB approved the Highlands Region Road Improvement Investment Program - Project 2, not exceeding the aggregate amount of $109.00 million on 4 December 2013. Impact: The proposed Project 2 of the Program will contribute to establishing a sustainable road system in the Highlands Region that will enable maximum use of its natural, mineral, and human resources Outcome: Improved accessibility and reduced transport cost in the areas served by Project 2 roads. Outputs: 1. Improved core road network in Highlands region to national standards for all road users including pedestrians 2. Sustainable maintenance arrangements for Highlands core road network 3. Improved capacity of NRA to plan and manage long-term road maintenance contracts 4. More efficient DOW capable of delivering road improvements 5. Improved road safety capacity of NRSC Implementation Arrangements: The executing agency is the Department of Works (DOW). DOW, National Road Authority (NRA), National Road Safety Council (NRSC) are wholly responsible for the implementation of the Project. Consultants will be recruited to complete the supervision of the construction works of the selected Project 2 roads. Implementation Status: Recruitment of construction supervision consultants is ongoing with expected fielding in 2015. The bid evaluation reports were reviewed and approved for the following contract packages: (i) Lalibu-Kagua Road; (ii) Kotna-Lapramp Road; and (iii) Mendi-Tambul Road.



N/A N/A N/A






0.00 0.00 0.06 0.00


Tranche 2 (Loan/Grant 3076, 3077) is a loan of USD 109.00 million from Asian Development Fund (ADF), and Ordinary Capital Resources (OCR), which was approved on 4 December 2013 and declared effective on 16 April 2014. Tranche 2 is rated as Potential Problem. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 2 have reached $.00 million (.0%) and $.06 million (.0%), respectively. Initial activities have started for the recruitment of construction supervision consultants and the procurement of civil works for 3 road sections. Scope Change: There were no scope changes for this Tranche in 2014. Undertaking and Covenants: All covenants under the loan agreements are generally complied with including ongoing activities for covenants that are not yet due for compliance.



FACILITY UPDATEProject Title MFF: Town Electrification Investment Program Project No. 41504-013Country/Regional


Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

25 Nov 2010 30 Jun 2017 30 Jun 2017

Division PNRM


Source OCRADF


Source N/A

Facility Summary

ADB approved the MFF: Town Electrification Investment Program for an aggregate amount not exceeding $120.00 million from ADB’s ADF, OCR on 25 November 2010. Impact: The economic condition of the population in the targeted provincial centers has improved. Outcome: Improved utilization of reliable, clean power to six provincial urban centers Outputs: Six renewable energy power plants put into operation by PPL Transmission lines constructed and operated by PPL Capacity building undertaken for implementing agency and project beneficiaries The PMU renders efficient project management services Significant Developments of the Facility: There is significant development of the facility including major changes to the roadmap, investment program, and policy and legal framework.


-

Approved Tranches To Date 1Approved Tranche Amount to Date

57.30

Facility Change in Scope

Category Date Proposed Change N/A N/A N/A

Tranche Completion Report N/A



Potential Problem

8

TRANCHE 1 UPDATETranche Title Town Electrification Investment Program - Tranche 1 Project No. 41504-023Country/Regional Papua New Guinea Loan/Grant

No.2713, 2714

Project Officer Hussain Haider Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

06 Dec 2010 30 Jun 2014 01 Jun 2016Division PNRM


57.30 Source ADFOCR


N/A Source N/A


N/A


($ million)

1.50


Tranche Summary

ADB approved the Town Electrification Investment Program - Tranche 1, not exceeding the aggregate amount of $57.30 million on 6 December 2010. Impact: The economic condition of the population in the targeted provincial centers has improved. Outcome: Improved utilization of reliable, clean power to six provincial urban centers Outputs: Six renewable energy power plants put into operation by PPL. Transmission lines constructed and operated by PPL. Capacity building undertaken for implement agency and project beneficiaries. The PMU renders efficient project management services. Implementation Arrangements: Department of Petroleum and Energy is the Executing agency where as PNG Power is the implementing agency and leading the project. Implementation Status: PMU was established and fully operational. DSC consultants were hired to support the PMU. Detailed design has been completed and procurement is in process. Out of 4 ICB procurement packages, one was awarded in 2014 whereas the remaining 3 are in final stages of procurement with contracts expected to be awarded by the EA in Q1 2015. Land acquisiton for the Bialla-Kimbe transmission line has been completed and RP was disclosed in January 2015. The land acquisition for the 2 HPP is in its final stages and will be completed before giving out contract awards. Due to delay in loan effectiveness, loan closing for Tranche 1 was extended from 30 June 2014 to 1 June 2016.



N/A N/A N/A






9.52 49.50 1.78 70.78


Tranche 1 (Loan 2713/2714) is a loan of $57.3 million from the Asian Development Fund (ADF) and Oridinary Capital Resources (OCR), which was approved on 6 December 2010 and declared effective on 26 July 2012. Tranche 1 is rated Actual Problem. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 1 have reached $9.52 million (49.5%) and $1.78 million (70.8%), respectively. Extensive trainings, both in country and foreign were conducted for PMU staff. These trainings focused on HPPs design and financial calculations, procurement, social and environmental safeguards and project implementation. The project has made signification progress in 2014 where one ICB contract was awarded and the remaining three (3) are in the final stages of procurement pending contract awarding. The remaining three (3) packages will be awarded in Q1 2015. Land acquisition which was the major issue in implementation is now in its final stages of being handed over to the project. The Bialle-Kimbe transmission line has been completed and RP has been disclosed in January 2015 where as the land acquisition for 2 HPPs in its final stages and will be completed before the contract awards (estimated in January 2015). Scope Change: There were no scope changes for this tranche in 2014. Undertaking and Covenants: Tranche 1 has generally satisfied compliance with loan covenants to date.



FACILITY UPDATEProject Title Higher Education in the Pacific Investment Program

(MFF)Project No. 42291-024

Country/Regional

Regional Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

11 Jun 2012 31 Dec 2019 31 Dec 2019

Division PAUS


Source ADF


Source N/A

Facility Summary

ADB approved the Higher Education in the Pacific Investment Program (MFF) for an aggregate amount not exceeding $19.00 million from ADB’s ADF on 11 June 2012. Impact: USP graduates contribute to economic competitiveness and diversifications of 12 USP member countries. Outcome: USP provides expanded/equitable access to higher education in 12 USP member countries. Outputs: 1. Strengthened regional campuses 2. Enhanced ICT-based Education 3. Improved USP student services 4. Strengthened USP Governance and Management 5. Strengthened project management capacity Significant Developments of the Facility: There is no significant development of the facility to date including major changes to the roadmap, investment program, and policy and legal frameworks.


1

Approved Tranches To Date 1Approved Tranche Amount to Date

3.60

Facility Change in Scope

Category Date Proposed Change N/A N/A N/A

Tranche Completion Report N/A


11


On Track

12

TRANCHE 1 UPDATE

Tranche Title Higher Education in the Pacific Investment Program - Tranche 1


Country/Regional Regional Loan/Grant No.

2870, 3128

Project Officer Chimi Thonden Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

15 Jun 2012 30 Jun 2016 30 Jun 2016Division PAUS


3.60 Source ADF


N/A Source N/A


N/A


($ million)

N/A


Tranche Summary

ADB approved the Higher Education in the Pacific Investment Program - Tranche 1, not exceeding the aggregate amount of $3.60 million on 15 June 2012. Impact: USP graduates contribute to economic competitiveness and diversifications of Kiribati and other USP member countries Outcome: USP provides expanded/equitable access to higher education in Kiribati. Outputs: 1. Strengthened regional campus in Kiribati 2. Enhanced ICT-based education in Kiribati 3. Strengthened USP governance and management 4. Strengthened project management capacity Implementation Arrangements: The University of the South Pacific is the executing and implementing agency of the project. Implementation Status: After the approval of the additional financing on 14 May 2014, the contract for civil works for the construction of the USP Kiribati Campus was awarded. Demolition of the main building of the campus commenced early July 2014 and was completed by the time of the ground breaking ceremony on 15 July 2014. Excavation works commenced in earnest in August 2014.


Tranche Change in ScopeCategory Date Approved Proposed Change

Minor Change 14 May 2014 An additional financing of $1.00 million was approved under Tranche 1 to address the cost overruns experienced on civil works bidding on USP Kiribati Campus construction. This was due to materials price increases over the 2 years since 2011 price estimates. Additional financing amount was reallocated from the MFF funds originally pre-allocated for Tranche 3.

Tranche Performance

( Quarterly Performance as of 31 Dec 2014 )





3.11 96.52 0.87 58.51


Tranche 1 (Loan 2870, 3128) is a loan of $3.60 million from the Asian Development Fund (ADF), with $2.60 million approved on 15 June 2012 and made effective on 10 October 2012, while the additional financing of $1.00 million was approved on 14 May 2014 and became effective on 27 May 2014. Tranche 1 is rated as Potential Problem. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 1 have reached $3.11 million (96.5%) and $.87 million (58.5%), respectively. The original construction schedule was delayed for about 3 months due to the delay in the approval and shipment of steel to Kiribati which resulted in the late submission and processing of corresponding withdrawal applications. Scope Change: There was a minor scope change for this tranche in 2014. Undertaking and Covenants: There are 25 undertakings and covenants for Tranche 1. Of these, 6 have been complied with and 19 are still being complied with.



FACILITY UPDATEProject Title Civil Aviation Development Investment Program Project No. 43141-013Country/Regional


Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

24 Nov 2009 31 Dec 2018 31 Dec 2018

Division PNRM


Source OCRADF


Source N/A

Facility Summary

ADB approved the Civil Aviation Development Investment Program for an aggregate amount not exceeding $480.00 million from ADB’s ADF, OCR on 24 November 2009. Impact: The investment program will establish a sustainable civil aviation network to support the economic growth of the country. In that way, it will help meet the objectives of ADB's country strategy and program, particularly those for the transport sector, and the Government's MTDS objectives of (i) economic growth, (ii) rural development, (iii) poverty reduction, and (iv) human resource development. Outcome: The investment program will result in safer, more secure, and more efficient all-weather access to air transport services in the project areas through (i) better airport facilities; (ii) safer and more secure air travel; (iii) more accessible markets, natural resource and mineral sites, and livelihood opportunities; and (iv) reduced costs of air travel to all the project areas. It will help achieve the Government's goal of securing and maintaining ICAO certification for the safety and security standards at its airport operations and facilities Outputs: The investment program will concentrate first of all on carrying out priority actions to comply with ICAO security and safety standards, and then on increasing capacity for growth in services. The outputs will be as follows: (i) rehabilitated airport infrastructure, including runways, taxiways, and aprons; (ii) upgraded runways and passenger terminals that can accommodate larger aircraft; (iii) communication, navigation, surveillance, and firefighting equipment; (iv) better maintained facilities; and (v) an institutionally strengthened and reformed CAA and its operational units. The inputs will comprise financing for civil works and consulting services in program administration, construction supervision, and support for the ongoing institutional reforms. Significant Developments of the Facility: There is no significant development of the facility including major changes to the roadmap, investment program, and policy and legal framework.


-

Approved Tranches To Date 2Approved Tranche Amount to 225.00

15

Date

Facility Change in ScopeCategory Date Proposed Change

N/A N/A N/A Tranche Completion Report N/A



On Track

16

TRANCHE 1 UPDATE

Tranche Title Civil Aviation Development Investment Program - Project 1



2588, 2589, 2590

Project Officer Muhammad Amir Ingratubun Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

01 Dec 2009 30 Jun 2013 31 Dec 2015Division PNRM


95.00 Source ADFOCR


N/A Source N/A


N/A


($ million)

N/A


Tranche Summary

ADB approved the Civil Aviation Development Investment Program - Project 1, not exceeding the aggregate amount of $95.00 million on 1 December 2009. Impact: Economic growth and poverty reduction in project areas Outcome: Safer,more efficient,and more accessible all-weather air transport services in the project area Outputs: A. Reformed Institutions: Sustainable and focused operational units established for airports, air traffic services, property development, and regulatory oversight. B. Improved Infrastructure: 1. Air-side infrastrucure meets safety and security certification requirements. 2. Air-side infrastructure and land-side facilities meet future operational and capacity requirements. 3. Airport maintenance practices improved. C. Improved Operations: 1. Equipment for communications navigation and surveillance equipment modernized to meet air traffic management requirements. 2. Fire safety and rescue equipment meets operational requirements. Implementation Arrangements: PNG National Airport Corporation (NAC) is the executing and implementing agency. Implementation Status: The PMU was established and is now fully operational. The contract of the DSC firm hired to support the PMU expired in December. NAC will supervise construction untill the completion of construction for the two (2) remaining airports. All procurement packages were awarded and completed except two (2) works contracts in two airports. These will be completed by June 2015.



N/A N/A N/A






80.08 96.70 64.63 82.23


Tranche 1 (Loan 2588, 2589, 2590) is a loan of $95.00 million from the Asian Development Fund (ADF) and Ordinary Capital Resources (OCR), which was approved on December 2009 and declared effective on 22 March 2010. Tranche 1 is rated as On Track. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 1 have reached $80.09 million (96.7%) and $64.63 million (82.2%), respectively. All procurement packages have been completed except the two works contracts for (i) construction, and (ii) small long-term maintenance for the airports. Scope Change: There were no major scope changes for this tranche in 2014. Undertaking and Covenants: Tranche 1 has generally satisfy compliance with loan covenants to date.


TRANCHE 2 UPDATE

Tranche Title Civil Aviation Development Investment Program - Tranche 2



3069, 3070

Project Officer Hussain Haider Department PARD

Key DatesApproval

DateOriginal

Closing DateRevised

Closing Date

25 Nov 2013 30 Sep 2017 N/ADivision PNRM


130.00 Source ADFOCR


N/A Source N/A


N/A


($ million)

N/A



Tranche Summary

ADB approved the Civil Aviation Development Investment Program - Tranche 2, not exceeding the aggregate amount of $130.00 million on 25 November 2013. Impact: Economic growth and poverty reduction in project areas Outcome: Safer, more efficient, and more accessible all-weather air transport services in the project areas Outputs: 1. Reformed Institutions (i) Sustainable and focused operational units established for airports, air traffic services, property development, and regulatory oversight. 2. Improved Infrastructure (i) Airside infrastructure meets safety and security certification requirements. (ii) Airside infrastructure and land-side facilities meet future operational and capacity requirements. (iii) Airport maintenance practices improved. 3. Improved Operations (i) Equipment for communications navigation and surveillance equipment modernized to meet air traffic management. Implementation Arrangements: PNG National Airport Corporation (NAC) is the executing agency. NAC is also the implementing agency. Implementation Status: The PMU, which was established in Tranche 1 is fully operational. Detailed designs have been completed and procurement is in process. Awarded in November 2014 were 3 works and 1 goods contract packages amounting to $55 million. NAC is in the progress of hiring a DSC firm to supervise Tranche 2 and design subprojects in subsequent tranches. The airports to be improved on Tranche 2 are: Vanimo, Girua (Popondetta), Chimbu (Kundiawa), Goroka, Momote (Lorengau) and Buka. Fire trucks will be supplied to Nadzab (Lae), Mt Hagen, and Tokua (Kokopo). Standby Power Supply will be provided for Wewak, Nadzab, Madang, Tokua, Momote, Buka, Kavieng, Gurney (Alotau), and Port Moresby. Airport Maintenance Equipment will be procured for Momote, Buka, Wewak, Girua, Gurney, Nadzab, Madang, Tokua and Mt Hagen, and CNS/ATM Port Moresby.


N/A N/A N/A







40.82 100.00 7.53 100.00


Tranche 2 (Loan 3069, 3070) is a loan of $130.00 million from Asian Development Fund (ADF) and Ordinary Capital Resources (OCR), which was approved on 25 November 2013 and declared effective on 16 April 2014. In November, four (4) procurement packages were awarded amounting to $55 million. Progress: As of 31 December 2014, contract awards and disbursements under Tranche 2 have reached $40.82 million (100.0%) and $7.53 million (100.0%), respectively. Three (3) works and one (1) goods contracts were awarded. The DSC firm recruitment which will support the PMU in implementing Tranche 2 and design subprojects in subsequent tranches, is in progress Scope Change: There were no scope changes for this tranche in 2014. Undertaking and Covenants: Tranche 2 has generally satisfied compliance with loan covenants to date


MFF ANNUAL PROGRESS REPORT DEFINITIONS

Ref. No. Term MeaningFACILITY UPDATE

1. Project Title - Indicates the MFF name following this naming convention: MFF – {Facility Name}

2. Project No. - Indicates the facility’s 8-digit project number3. Country/Regional - Indicates the name of the country covered by the facility.4. Department - Indicates the name of the department processing the MFF.5. Approved Date - Indicates the date of ADB approval of the facility.6 Original Closing Date - Indicates the facility’s original closing date.7. Revised Closing Date - Indicates the facility’s revised closing date.8. Division - Indicates the name of the division processing the MFF.9. MFF Amount ($ million) - Indicates the approved MFF amount.10. Source - Indicates the funding source/s of the MFF approved amount,

whether it is OCR/ADF.11. Cofinancing Amount ($

million)- Indicates the DVA cofinancing amount. If not applicable, “N/A” is

displayed.12. Source - Indicates the source of the cofinancing amount. If not applicable,

“N/A” is displayed.13. Facility Summary

Impact and Outcome - States the facility’s impact and outcome as indicated in the DMF report.

Outputs - States the facility’s outputs as indicated in the DMF report.Significant Development of the facility

- Describes any significant development of the facility including major changes to the roadmap, investment program, and policy and legal framework.

14. Expected Total No. of Tranches

- Indicates the number of envisioned or pipelined tranches as presented in the RRP, if any.

15. Approved Tranches to Date

- Indicates the number of approved tranches to date.

16. Approved Tranche Amount to Date

- Indicates the current year’s cumulative tranche amount to date.

17. Facility Change in ScopeCategory - Indicates whether the category for the facility’s proposed change is

major or minor.Date Approved - Indicates the date when the request for change in scope for the

facility is approved.Proposed Change - Summarizes the content of the change in scope request; revisions

to outcome, outputs and/or inputs; and new targets and/or indicators.

18. Completed Tranches to Date

- Indicates the URL of the completed tranches’ Project Completion Report (PCR).

19. Facility Completion Report

- Indicates the URL of the Facility Completion Report (FCR). Note that a facility is completed when all its tranches are closed.

20. Overall MFF Performance Rating (On Track, Potential Problem, At Risk)

- Indicates the rating of the MFF. The facility will be rated on the basis of 3 separate parameters:

(i) MFF delays, (ii) Tranche performance, and (iii) Compliance with undertakings.

Poor performance (red rating) on account of the 3 indicators will place the facility ‘at risk’ and may lead to its suspension and

22


Ref. No. Term MeaningFACILITY UPDATE

possible cancellation; poor performance (red rating) on account of 2 parameters will indicate potential problems and would require RDs to draw an action plan to rectify the facility‘s performance.

MFF Delays - Contributors to MFF Delays are:(i) Substantial delays in tranche processing, and/or (ii) Substantial delays in tranche implementation.

Timeliness in Tranche processing will be evaluated against the tranche sequencing program forecasted in the RRP. Tranches processed …

(i) within one year of the forecasted period will be given an ‘on track‘ (green) rating;(ii) between 1 and 2 years of the forecasted date will be given a ‘Potential problem‘ (yellow) rating, and (iii) beyond 2 years of the forecasted date will be given an ‘at risk‘ (red) rating.

For MFFs where a time-bound tranche sequencing program was not forecasted in the RRP, only, MFF delays will be determined on the following grounds:

(i) if less than 2 years have passed since approval of the previous tranche (up to the stage where the entire MFF has been turned into tranches), a green rating is granted,(ii) if more than 2 years but less than 3 years have elapsed, a yellow rating is given; and(iii) if more than 3 years have elapsed, a red rating applies.

Compliance with MFF undertaking

- The assessment should include compliance with Safeguards and PCP requirements, as well as any timely Reform implementation targets.

(i) Non-compliance with more than 3 undertaking will place the facility in ‘red‘ (unsatisfactory).(ii) Non-compliance with any ‘safeguards‘, ‘PCP‘ and/or ‘reform implementation‘ undertakings will place the MFF in ‘red‘ (unsatisfactory).(iii) Non-compliance with 2 undertakings (other than those outlined in the preceding sentence), will place the facility as ‘partly satisfactory‘. (iv) Compliance with all undertakings with a maximum of one exception (other than those outlined before), will signify a ‘satisfactory‘ criteria.

Tranche Performance - (i) Poor performance (‘at risk‘) on 33% or more of the MFF tranches (by number) would place the MFF ‘at risk‘ (red).(ii) ‘Potential problem‘ rating on 33% or more of the MFF tranches (by number) would categorize the MFF as ‘potential problem‘ (yellow), unless a red rating is triggered.(iii) Other ratings will result ‘on track‘ (green)

23


Ref. No. Term MeaningTRANCHE UPDATE

1. Tranche Title - Indicates the tranche name following this naming convention: MFF – {tranche name} (Tranche {tranche no.})

2. Project No. - Indicates the tranche’s 8-digit project number.3. Country/Regional - Indicates the name of the country covered by the tranche.4. Loan/Grant No. - Indicates the tranche’s 4-digit loan number. If loan numbers are

available 5. Project Officer - Indicates the name of the mission leader or project implementation

officer.6 Department - Indicates the name of the department processing the tranche.7. Tranche Approved Date - Indicates the tranche’s date of ADB approval.8. Original Closing Date - Indicates the tranche’s original loan closing date.9. Revised Closing Date - Indicates the tranche’s revised loan closing date.10. Division - Indicates the name of the division processing the tranche.11. Tranche Amount

including cofinancing ($ million)

- Indicates the tranche’s total approved and cofinancing amount.

12. Source - Indicates the funding source of the tranche amount, whether it is OCR/ADF.

13. Cofinancing amount ($ million)

- Indicates the tranche’s cofinancing amount.

14. Source - Indicates the funding source of the cofinancing amount.15. Estimated Cost Overrun

Amount- Indicates the cost overrun amount incurred by the tranche at the

time of preparation of the MFF Annual Progress Report. If not applicable, “N/A” is indicated.

16. Estimated Amount Used for detailed engineering design (DED)

- Indicates the amount used for DED. If not applicable, “N/A” is indicated.

17. Project Data Sheet (PDS)

- Indicates the URL for the tranche’s PDS.

18. Tranche SummaryImpact and Outcome - States the tranche’s impact and outcome as indicated in the DMF

report.Outputs - States the tranche’s outputs as indicated in the DMF reportImplementation Arrangements

- Briefly highlights the tranche’s implementation arrangements.

Implementation Status - Briefly highlights the tranche’s implementation progress.19. Tranche Change in

ScopeCategory - Indicates whether the category for the proposed change is major or

minor.Date Approved - Indicates the date when request for change in scope was approved.Proposed Change - Summarizes the content of the change in scope request; revisions

to outcome, outputs and/or inputs; and new targets and/or indicators.

20. Tranche Performance - Indicates the performance rating of the tranche as indicated in the 2011 MFF Staff instructions and PAI 5.08. It is rated in the following categories: (i) financial, (ii) contract awards, (iii) disbursements, (iv) safeguards, and (v) technical.

21. Contract Awards & Disbursements

- Indicates the tranche’s cumulative amount and rate of the contract awards and disbursement in the year of the preparation of the MFF

24


Ref. No. Term MeaningTRANCHE UPDATE

(Cumulative) annual report.22. Significant

Developments During the Year

Physical Progress - Briefly describes the physical progress of the tranche.Nonphysical Progress - Briefly describes the nonphysical progress of the tranche.Scope Change - Briefly describes the tranche’s request for change in scope, if any.Undertaking with Covenants

- Briefly describes the number of undertakings and covenants that the tranche has complied with.

25

Documents

N/A 400.00 16 Dec 2008 31 Dec 2018 N/A Date … · For the meaning of each item, ... Program for an aggregate amount not exceeding $400.00 million from ADB’s ADF on 16 December