Conformed Copy - C1849 - National Agricultural Research Project - Amendment 5

Page 1 August 20, 1993 H. E. Musalia Mudavadi Minister of Finance Ministry of Finance P. 0. Box 30007 Nairobi Kenya Dear Sir: Re: National Agricultural Research Project (Cr. 1849-KE) - Amendment We refer to our letter of June 30, 1993, countersigned by you on July 27, 1993, agreeing to extension of the closing date of the above project and reallocation of funds; a revised table to Schedule 1 to the Development Credit Agreement was attached. Unfortunately, the disbursement percentages for nonsalary operating costs (Categories 1(c) and 2(c)) shown on the revised table were incorrect. A corrected version is attached. We request that you kindly ignore the previous version. We very much regret this error and apologize for any inconvenience it may have caused. With kind regards. Sincerely yours, Sushma Ganguly Acting Director Eastern Africa Department Cleared with and cc: Messrs. Eisen (LEG), Fernando (LOA) cc: Messrs. Quisumbing (AF2AE), Kampen (AF2AA) SCHEDULE 1 Amount of the Credit Allocated % of (Expressed in Expenditures Category SDR Equivalent) to be Financed (1) For Part A of the Project (a) Civil Works and 1,710,000 80% costs for consultant services for civil works (b) Vehicles, plant and 700,000 100% of foreign equipment expenditures and 70% of local expenditures (c) Nonsalary 1,320,000 (i) 90% up to an operating costs aggregate amount of SDR 700,000; Page 2 thereafter (ii) 50% up to an aggregate amount of SDR 1,100,000; thereafter (iii)25% up to an aggregate amount of SDR 1,320,000 (d) Training, Workshops 280,000 100% and seminars (2) For Part B of the Project (a) Civil Works 6,060,000 80% (b) Vehicles, plant 2,240,000 100% of foreign and equipment expenditures and 70% of local expenditures (c) Nonsalary 2,084,000 (i) 90% up to an operating costs aggregate amount of SDR 1,100,000; thereafter (ii) 70% up to an aggregate amount of SDR 1,800,000; thereafter (iii)50% up to an aggregate amount of SDR 2,084,000 (d) RRC Adaptive 500,000 100% (e) Training, seminars 520,000 100% and workshops (3) Refund of Project 86,000 Amount due Preparation Advance pursuant to Section 2.02 (4) Unallocated -0- TOTAL 15,500,000