Benin - Third Highway Project : Credit 0746 - Development Credit Agreement - Conformed

CONFORMED COPY CREDIT NUMBER 746 BEN Development Credit Agreement (Third Highway Project) between PEOPLE'S REPUBLIC OF BENIN and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated November 18, 1977 CREDIT NUMBER /46 BEN DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated November 18, 1977, between PEOPLE'S REPUBLIC OF BENIN (hereinafter called the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (hereinafter called the Association). WHEREAS (A) the Borrower has requested the Association to assist in the financing of the cost of the Project described in Schedule 2 to this Agreement by making the Credit as hereinafter provided; (B) the Borrower intends to contract from the Kuwait Fund for Arab Economic Development (hereinafter called the Kuwait Fund) a loan (hereinafter called the Kuwait Fund Loan) in an amount equivalent to about seven million dollars ($7,000,000) to assist in financing Part A of the Project on the terms and conditions set forth in an agreement (hereinafter called the Kuwait Fund Loan Agreement) to be entered into between the Kuwait Fund and the Borrower; (C) the Borrower intends to contract from the Organization of the Petroleum Exporting Countries Special Fund (hereinafter called the OPEC Fund) a loan (hereinafter called the OPEC Fund Loan) in an amount equivalent to about one million, six hundred thousand dollars ($1,600,000) to assist in financing Part A of the Project on the terms and conditions set forth in an agreement (hereinafter called the OPEC Fund Loan Agreement) to be entered into between OPEC and the Borrower; and WHEREAS the Association has agreed, on the basis inter alia of the foregoing, to make the Credit to the Borrower upon the terms and conditions hereinafter set forth; NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I General Conditions; Definitions Section 1.01. The parties to this Agreement accept all the provisions of the General Conditions Applicable to Development Credit Agreements of the Association, dated March 15, 1974, with the same force and effect as if they were fully set forth herein - 2 - (said General Conditions Applicable to Development Credit Agree- -ints of the Association being hereinafter called the General Conditions). Section 1.02. Wherever used in this Agreement, unless the context otherwise requires, the several terms defined in the General Conditions have the respective meanings therein set forth and the following additional terms have the following meanings: (a) "DSP" means the Directorate of Studies and Planning of the Borrower's Ministry of Transport; (b) "DRB" means the Directorate of Roads and Bridges of the Borrower's Ministry of Equipment; (c) "STI" means the Subdivision des Techniques Industrielles of DRB, and (d) "Special Account" means the account referred to in Section 2.02 (b) of this Agreement. ARTICLE II The Credit Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions in the Development Credit Agreement set forth or referred to, an amount in various currencies equiva- lent to ten million dollars ($10,000,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement, as such Schedule may be amended from time to time by agreement between the Borrower and the Associa- tion, for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit. (b) The Borrower shall, for the purposes of the Project, open a Special Account in a bank in its territory acceptable to the Association and on terms and conditions satisfactory to the Association. (c) The Association shall, promptly after the Effective Date, withdraw on behalf of the Borrower from the Credit Account -3- and deposit in the Special Account referred to in paragraph (b) of this Section an initial amount in the currency of the Borrower not exceeding $250,000 equivalent and shall thereafter, at the request of the Borrower, further withdraw from the Credit Account and deposit in the Special Account such amounts as shall be required to reimburse the Borrower for payments made out of the Special Account for expenditures for the Project eligible for financing under the Development Credit Agreement, but only to the extent that the amount of any such deposit, together with any amount on deposit in the Special Account as of the date of such request, shall not exceed in the aggregate the equivalent of $250,000. (d) The Borrower shall furnish to the Association in respect of each payment out of the Special Account such documents and other evidence as the Association shall reasonably request, showing that the payment was made on account of the reasonable cost of goods or services required for the Project and to be financed out of the proceeds of the Credit. (e) If the Association shall have determined that any payment out of the Special Account (i) was made for an expenditure or expenditures not eligible for financing by withdrawal from the Credit Account, or (ii) is not supported by the evidence required pursuant to paragraph (d) of this Section, the Borrower shell, promptly upon notice from the Association, deposit in the Special Account an amount equal to the amount of such payment. (f) Notwithstanding the provisions of paragraph (c) of this Section, no further deposits in the Special Account shall be made if the Association shall have determined that such deposits will not be needed to finance goods or services required for the Project. Section 2.03. Except as the Association shall otherwise agree, contracts for the purchase of goods or for civil works to be financed out of the proceeds of the Credit shall be procured in accordance with the provisions of Schedule 3 to this Agreement. Section 2.04. The Closing Date shall be December 31, 1980 or such later date as the Association shall establish. The Association shall promptly notify the Borrower of such later date. Section 2.05. The Borrower shall pay to the Association a service charge at the rate of three-fourths of one per cent (3/4 of 1%) per annum on the principal amount of the Credit withdrawn and outstaniing from time to time. Section 2.06. Service charges shall be payable semi-annually on May 15 and November 15 in each year. Section 2.07. The Borrower shall repay the principal amount of the Credit in semi-annual installments payable on each May 15 and November 15 commencing November 15, 1987, and ending May 15, 2027, each installment to and including the installment payable on May 15, 1997, to be one-half of one per cent (1/2 of 1%) of such principal amount, and each installment thereafter to be one and one-half per cent (1-1/2%) of such principal amount. Section 2.08. The currency of the Republic of France is hereby specified for the purposes of Section 4.02 of the General Conditions. ARTICLE III Execution of the Project Section 3.01. The Borrower shall carry out the Project through DRB and DSP with due diligence and efficiency and in con- formity with appropriate financial, administrative and engineering practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the purpose. Section 3.02. In order to assist DRB in the preparation of the plans, specifications and bidding documents for, and in the supervision of, the civil works under Parts B, C and D of the Project, the Borrower shall cause DRB to employ engineering consultants whose qualifications, experience and terms and condi- tions of employment shall be satisfactory to the Association. Section 3.03. In carrying out Parts E, F and G of the Project, the Borrower shall cause DRB and DSP to employ engineer- ing and economic consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Association. Section 3.04. For the purpose of carrying out Parts B, C, E, F and G of the Project, the Borrower shall, prior to the employ- ment of the consultants referred to in Sections 3.02 and 3.03 of this Agreement, appoint qualified counterparts and trainees in -5- adequate numbers, as set forth in Schedule 4 to this Agreement, to work with the said consultants in accordance with a time schedule and training program acceptable to the Association. Section 3.05. (a) The Borrower undertakes to insure, or make adequate provision for the insurance of, the imported goods to be financed out of the proceeds of the Credit against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable by the Berrower to replace or repair such goods. (b) Except as the Association shall otherwise agree, all goods and services financed out of the proceeds of the Credit shall be used exclusively for the Project until its completion. Section 3.06. (a) The Borrower shall furnish to the Associa- tion, promptly upon their preparation, the plans, specifications, contract documents and work and procurement schedules for the Project, and any material modifications thereof or additions thereto, in such detail as the Association shall reasonably request. (b) The Borrower: (i) shall maintain records adequate to record the progress of the Project (including the cost thereof) and to identify the goods and services financed out of the pro- ceeds of the Credit, and to disclose the use thereof in the Project; (ii) shall enable the Association's accredited represen- tatives to visit the facilities and construction sites included in the Project and to examine the goods financed out of the proceeds of the Credit and any relevant records and documents; and (iii) shall furnish to the Association all such information as the Association shall reasonably request concerning the Project, the expenditure of the proceeds of the Credit and the goods and services financed out of such proceeds. Section 3.07. The Borrower shall take all such action as shall be necessary to acquire as and when needed all such land and rights in respect of land as shall be required for carrying out the Project. Section 3.08. Prior to December 31, 1977 or such other date as shall be agreeable to the Association, the Borrower shall appoint an agent to monitor the Project and, in addition to such information as may be requested by the Association pursuant -6- to Section 3.06 (b) (iii) hereof, such agent shall, from the commencement of the execution of the Project until the completion of the Project, furnish to the Association tri-monthly reports on all aspects of the Project. ARTICLE IV Other Covenants Section 4.01. The Borrower shall maintain or cause to be maintained records adequate to reflect in accordance with con- sistently maintained appropriate accounting practices the opera- tions, resources and expenditures, in respect of the Project, of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof. Section 4.02. The Borrower shall ensure that: (a) DRB will collect and record in accordance with appropri- ate statistical methods and procedures such data as are required to assess the technical, economic and financial aspects of the Bori.jwer's road network for the proper planning of maintenance, improvements and extensions; and (b) DSP will study the size, components and expansion pro- spects of the public and private transport industry in Benin and will periodically review and update such study; such study will make recommendations to maintain the balance between demand and supply in said industry. Section 4.03. The Borrower shall take such steps as shall be reasonably required to ensure that the dimensions and axle loads of vehicles using the Borrower's roads are consistent with the structural and geometric design standards rf the roads used. Section 4.04. (a) The Borrower shall cause the roads and bridges in its highway system and its road maintenance equipment to be maintained adequately and shall cause all necessary repairs and renewals thereof to be made promptly, all in accordance with appropriate engineering standards and economic practices, and shall provide, promptly as needed, the funds, facilities, equip- ment, services and other resources required for the foregoing. (b) Without any limitation on the provisions of paragraph (a) of this Section, the Borrower shall provide the Association -7- for its review and comments the Borrower's annual Road Maintenance Budget no later than July 1 of each year and shall take all nec- essary measures to increase the resources of its Road Maintenance Fund at levels which shall be not less than CFAF 750,000,000, CFAF 830,000,000 and CFAF 900,000,000 in each of the Borrower's fiscal years 1978, 1979 and 1980, respectively. Following fiscal year 1980 the Borrower shall maintain or adjust such levels to the satisfaction of the Association as shall be necessary to meet the road maintenance needs of the Borrower. Section 4.05. The Borrower, through STI, shall ensure that an adequate accounting system of the stock of STI, as agreed with the Association, shall be established and fully operational by December 31, 1979 or such other date as shall be agreeable to the Association. Section 4.06. Any contract for resurfacing pursuant to Part B of the Project shall be executed only (i) after the completion of the required field work by DRB, and (ii) in accordance with a work schedule to be agreed upon by the Borrower and the Association. ARTICLE V Remedies of the Association Section 5.01. For the purposes of Section 6.02 of the General Conditions, the following additional events are specified pursuant to paragraph (h) thereof: (i) Subject to paragraph (ii) of this Section: (A) The right of the Borrower to withdraw the proceeds of any loan or grant, including the Kuwait Fund Loan or the OPEC Fund Loan, made to the Borrower for the financing of the Project shall have been suspended, cancelled or terminated in whole or in part, pursuant to the terms of the agreement providing therefor; or (B) Any such loan shall have become due and payable prior to the agreed maturity thereof. - 8 - (ii) Paragraph (i) of this Section shall not apply if the Borrower establishes to the satisfaction of the Association that: (A) Such suspension, cancellation, termination or prematuring is not caused by the failure of the Borrower to perform any of its obliga- tions under such agreement; and (B) Adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement. Section 5.02. For the purposes of Section 7.01 of the General Conditions, the following additional event is specified pursuant to paragraph (d) thereof, namely, that any event specified in paragraph (i) (B) of Section 5.01 of this Agreement shall occur. ARTICLE VI Effective Date; Termination Section 6.01. The following events are specified as addi- tional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions: (i) all of the conditions of effectiveness of the Kuwait Fund Loan Agreement and the OPEC Fund Loan Agreement, with the exception of the effectiveness of the Development Credit Agreement, have been fulfilled; and (ii) the Special Account shall have been opened as provided in Section 2.02 (b) of this Agreement. Section 6.02. The date February 16, 1978, is hereby speci- fied for the purposes of Section 12.04 of the General Conditions. Section 6.03. The obligations of the Borrower under Article IV of this Agreement shall terminate on the date on which the Development Credit Agreement shall terminate or on a date twenty- -9- five years from the date of the Development Credit Agreement, whichever shall be the earlier. ARTICLE VII Representatives of the Borrower; Addresses Section 7.01. The Minister of the Borrower responsible for finance is designated as representative of the Borrower for the purposes of Section 11.03 of the General Conditions. Section 7.02. The following addresses are specified for the purposes of Section 11.01 of the General Conditions: For the Borrower: Ministry of Finance P.O. Box 302 CotOnou People's Republic of Benin Cable address: Telex: MINIFINANCES 522 MINECOP Cotonou For the Association: International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America Cable address: Telex: INDEVAS 440098 (ITT) Washington, D.C. 248423 (RCA) or 64145 (WUI) IN 4ITNESS WHEREOF, the parties hereto, acting through their representatives thereunto duly authorized, have caused this Agreement to be signed in their respective names in the - 10 - District of Columbia, United States of America, as of the day and year first above written. PEOPLE'S REPUBLIC OF BENIN By /s/ Thomas Boya Authorized Representative INTERNATIONAL DEVELOPMENT ASSOCIATION By /s/ Xavier de la Renaudiere Acting Regional Vice President Western Africa - 11 - SCHEDULE 1 Withdrawal of the Proceeds of the Credit 1. The table below sets forth the Categories of items to be financed out of the proceeds of the Credit, the allocation of the amounts of the Credit to each Category and the percentage of expenditures for items so to be financed in each Category: Amount of the Credit Allocated % of (Expressed in Expenditures Category Dollar Equivalent) to be Financed (1) Civil works for 4,850,000 92% Parts B and C of the Project (2) Equipment and 1,800,000 100% of foreign construction expenditures and under Part D of 90% of local ex- the Project penditures (3) Technical 900,000 90% assistance and fellowships under Parts E and F of the Project (4) Consultants' 200,000 90% services for Part G of the Project (5) Advance under 250,000 Section 2.02 (c) to finance items referred to under Catagory (1) above (6) Unallocated 2,000,000 TOTAL 10,000,000 - 12 - 2. For the purposes of this Schedule: (a) the term "foreign expenditures" means expenditures in the currency of any country other than the Borrower and for goods or services supplied from the territory of any country other than the Borrower; provided, however, that if the currency of the Borrower is also that of another country from the territory of which goods or services are supplied, expenditures in such cur- rency for such goods or services shall be deemed to be "foreign expenditures"; and (b) the term "local expenditures" means expenditures in the currency of the Borrower and for goods or services supplied from the territory of the Borrower. 3. The disbursement percentages have been calculated in com- pliance with the policy of the Association that no proceeds of the Credit shall be disbursed on account of payments for taxes levied by, or in the territory of, the Borrower on goods or services, or on the importation, manufacture, procurement or supply thereof, to that end, if the amount of any such taxes levied on or ii respect of any item to be financed out of the proceeds of the Credit decreases or increases, the Association may, by notice to the Borrower, increase or decrease the disburse- ment percentage then applicable to such item as required to be consistent with the aforementioned policy of the Association. 4. Notwithstanding the provisions of paragraph 1 above, no withdrawals shall be made in respect of payments made for expendi- tures prior to the date of this Agreement, except that with- drawals, in an aggregate amount not exceeding the equivalent of $300,000 net of taxes may be made in respect of Categories (1), (2) and (3) on account of payments made for such expenditures before that date but after April 30, 1977. 5. Notwithstanding the alloc,tion of an amount of the Credit or the disbursement percentages set forth in the table in para- graph 1 above, if the Association has reasonably estimated that the amount of the Credit then allocated to any Category will be insufficient to finance the agreed percentage of all expenditures in that Category, the Association may, by notice to the Borrower: (i) reallocate to such Category, to the extent required to meet the estimated shortfall, proceeds of the Credit which are then allocated to another Category and which in the opinion of the Association are not needed to meet other expenditures; and - 13 - (ii) if such reallocation cannot fully meet the estimated short- fall, reduce the disbursement percentage then applicable to such expenditures in order that further withdrawals under such Category may continue until all expenditures thereunder shall have been made. 6. If the Association shall have reasonably determined that the procurement of any item in any Category is inconsistent with the procedures set forth or referred to in this Agreement, no expenditures for such item shall be financed out of the proceeds of the Credit and the Association may, without in any way restric- ting or limiting any other right, power or remedy of the Associa- tion under the Development Credit Agreement, by notice to the Borrower, cancel such amount of the Credit as, in the Associa- tion's reasonable opinion, represents the amount of such expendi- tures which would otherwise have been eligible for financing out of the proceeds of the Credit. - 14 - SCHEDULE 2 Description of the Project The Project consists of: Part A: Rehabilitation of the Godomey-Bohicon-Abomey Road in accordance with the design standards set forth in Annex 1 to this Schedule. Part B: Resurfacing, including preparatory works and minor repairs, of about 195 km of bituminous roads as shown in Annex 2 to this Schedule and in accordance with existing design standards. Part C: Resurfacing of about 273 km of laterite roads as shown in Annex 3 to this Schedule and in accordance with existing design standards. Part D: (1) The purchase of equipment and spare parts for road maintenance operations; and (2) Office construction and office equipment for DSP. Part E: Assistance to DRB for road maintenance consisting of: (1) technical assistance; and (2) fellowships. Part F: Assistance to DSP for transport planning and coordi- nation consisting of: (1) technical assistance; and (2) fellowships. Part G: A study on the improvement of the Ouidah-Allada Road (about 40 km). The Project is expected to be completed by June 30, 1980. - 15 - ANNEX 1 to SCHEDULE 2 D( iign Standards for Godomey-Bohicon-Abomey Road Alignment no change Lane width 3 m Number of lanes 2 Shoulder width 1 m on each side Sealed shoulder 0.50 m Pavement: Base course 7 m Type 15 or 20 cm of cement improved laterite Surface double surface treatment Pavement design axle load 13 tons Subbase no change Structures improvements in the surface runoff system d. - 16 - ANNEX 2 to SCHEDULE 2 Bituminous Roads Needing Resurfacing Estimated Length of Surface Treatment (kms) Single Double Total Road Section (1) (2) kms 1. Cotonou-Semf - 20 20 2. Sem6-Porto Novo - 10 10 3. Cotonou-Gu6zin 62 - 62 4. Gu6zin-Hilacondji 44 - 44 5. Come-Lokossa-Dogbo 29 30 59 TOTAL 135 60 195 - 17 - ANNEX 3 to SCHEDULE 2 Laterite Roads Needing Resurfacing Clearing Reshaping Length Widening and Sections (km) Regraveling Regraveling 1st Brigade 135 115 20 Ketou-Kpedekpo 20 - 20 Kpedekpo-Ouade-Sagon 15 15 - Sagon-Adjohoun 53 53 Djougou-Afon 47 47 - 2nd Brigade 138 71 67 Pehunco-Djougou 71 71 - Kerou-Banikoara 67 - 67 TOTAL - 273 186 87 - 18 - SCHEDULE 3 Procurement A. International Competitive Bidding 1. Except as provided in Parts B and E hereof, contracts for the purchase of goods or for civil works shall be procured in accor- dance with procedures consistent with those set forth in Part A of the "Guidelines for Procurement under World Bank Loans and IDA Credits" published by the Bank in March 1977 (hereinafter called the Guidelines) including the pertinent provisions of the General Introduction thereto, on the basis of international competitive bidding. 2. Bidders for the works included in the Project shall be prequalified as described in paragraph 1.3 of Part A of the Guidelines. 3. In evaluating bids for goods, the Borrower shall give due consideration to the need for standardization and to the after- sales service offered by bidders. B. Other Procurement Procedures 1. Contracts for civil works estimated to cost not more than the equivalent of $50,000 per contract and $100,000 in the aggregate may be awarded following competitive bidding advertised locally in accordance with procedures acceptable to the Association. 2. Contracts for the purchase of goods estimated to cost not more than the equivalent of $10,000 per contract and $200,000 in the aggregate may be procured on the basis of not less than three quotations obtained locally. C. Evaluation and Comparison of Bids for Goods; Preference for Domestic Manufacturers 1. For the purpose of evaluation and comparison of bids for the supply of goods: (i) bidders shall be required to state in their bid the c.i.f. (port of entry) price for imported goods, or the ex-factory price for domestically manufactured goods; (ii) customs duties and other import taxes on imported goods, and sales and similar taxes on domestically supplied goods, shall be excluded; and (iii) the cost to the Borrower of inland freight - 19 - and other expenditures incidental to the delivery of goods to the place of their use or installation shall be included. 2. Goods manufactured in the People's Republic of Benin may be granted a margin of preference in accordance with, and subjsct to, the following provisions: (a) All bidding documents for the procurement of goods shall clearly indicate any preference which will be granted, the information required to establish the eligibility of a bid for such preference and the following methods and stages that will be followed in the evaluation and comparison of bids. (b) After evaluation, responsive bids will be classified in one of the following three groups: (1) Group A: bids offering goods manufactured in the People's Republic of Benin if the bidder shall have established to the satisfaction of the Borrower and the Association that the manufacturing cost of such goods includes a value added in the People's Republic of Benin equal to at least 20% of the ex-factory bid price of such goods. (2) Group B: all other bids offering goods manufactured in the People's Republic of Benin. (3) Group C: bids offering any other goods. (c) All evaluated bids in each group shall be first compared among themselves, excluding any customs duties and other import taxes on goods to be imported and any sales or similar taxes on goods to be supplied domestically, to determine the lowest evaluated bid of each group. Such lowest evaluated bids shall then be compared with each other, and if, as a result of this comparison, a bid from group A or group B is the lowest, it shall be selected for the award. (d) If, as a result of the comparison under paragraph (c) above, the lowest bid is a bid from group C, all group C bids shall be further compared with the lowest evaluated bid from group A after adding to the c.i.f. bid price of the imported goods offered in each group C bid, for the purpose of this further comparison only, an amount equal to (i) the amount of customs duties and other import taxes which a non-exempt importer would - 20 - have to pay for the importation of the goods offered in such group C bid, or (ii) 15% of the c.i.f. bid price of such goods if said customs duties and taxes exceed 15% of such price. If the group A bid in such further comparison is the lowest, it shall be selected for the award; if not, the bid from group C which as a result of the comparison under paragraph (c) is the lowest evaluated bid shall be selected. D. Evaluation and Comparison of Bids for Civil Works; Preference for Domestic Contractors With respect to any contract for civil works included under Parts B, C and D of the Project, the Borrower may grant a margin of preference of 7-1/2% to domestic contractors, in accordance with, and subject to, the following provisions: (a) Contractors shall be required to prequalify as provided in Part A of this Schedule and applicants for qualification applying also for such preference shall be asked to provide, as part of the information for qualification, such information, including details of ownership, as shall be required to determine whether, according to the classification established by the Borrower and accepted by the Association, a particular .irm or group of firms qualifies for a domestic preference. The bidding documents shall clearly indicate the preference and the method that will be followed in the evaluation and comparison of bids to give effect to such preference. (b) After bids have been received and reviewed by the Borrower, responsive bids will be classified into the following groups: (i) bids offered by domestic contractors eligible for preference; and (ii) bids offered by other contractors. For the purpose of evaluation and comparison of bids an amount equal to 7-1/2% of the bid amount shall be added to bids received under group (ii) above. E. Procurement Without Contracting Preparatory works and minor repairs included in Part B of the Project and civil works included in Part C of the Project may be carried out by force account through DRB. - 21 - F. Review of Procurement Decisions by the Association 1. Review of prequalification. The Borrower shall, before qualification is invited, inform the Association in detail of the procedure to be followed, and shall introduce such modifica- tions in said procedure as the Association shall reasonably request. The list of prequalified bidders, together with a state- ment of their qualifications and, where applicable, of their eligibility for domestic preference under Part D above and of the reasons for the exclusion of any applicant for prequalification and for such eligibility shall be furnished by the Borrower to the Association for its comments before the applicants are noti- fied of the Borrower's decision, and the Borrower shall make such additions to, deletions from, or modifications in, the said list as the Association shall reasonably request. 2. Review of invitations to bid and of proposed awards and final contracts. With respect to all contracts estimated to cost the equiva- lent of $100,000 or more: (a) Before bids are invited, the Borrower shall furnish to the Association, for its comments, the text of the invitations to bid and the specifications and other bidding documents, together with a description of the advertising procedures to be followed for the bidding, and shall make such modifications in the said documents or procedures as the Association shall reasonably request. Any further modification to the bidding documents shall require the Association's concurrence before it is issued to the prospective bidders. (b) After bids have been received and evaluated, the Bor- rower shall, before a final decision on the award is made, inform the Association of the name of the bidder to which it intends to award the contract and shall furnish to the Association such information as the Association shall reasonably request, includ- ing, in the case of bids on civil works, in sufficient time for review by the Association, a detailed report on the evaluation and comparison of the bids received, together with the recommendations for award. The Association shall, if it determines that the intended award would be inconsistent with the Guidelines or this Schedule, promptly inform the Borrower and state the reasons for such determination. - 22 - (c) The terms and conditions of the contract shall not, without the Association's concurrence, materially differ from those on which bids were asked or prequalification invited. (d) Two conformed copies of the contract shall be furnished to the Association promptly after its execution and prior to the submission to the Association of the first application for withdrawal of funds from the Credit Account in respect of such 1 contract. 3. With respect to each contract to be financed out of the proceeds of the Credit and not governed by the preceding para- graph, the Borrower shall furnish to the Association, promptly after its execution and prior to the submission to the Association of the first application for withdrawal of funds from the Credit Account in respect of such contract, two conformed copies of such contract, together with the analysis of the respective bids, recommendations for award and such other information as the Association shall reasonably requect. The Association shall, if it determines that the award of the contract was not consistent with the Guidelines or this Schedule, promptly inform the Borrower and state the reasons for such determination. * . . . . . . - 23 - SCHEDULE 4 Training Program List of Personnel A) Directorate of Roads and Bridges 1. Consultants' Counterparts 1 Road Maintenance Section Head 1 Studies and New Works Head 1 STI Head 2. Trainees 2 Road Maintenance Division Heads (North and South) 2 Road Regraveling Brigade Heads (North and South) 1 Road Engineer for Control of Bituminous Roads contracted works 2 Routine Maintenance Brigade Heads for bituminous roads 2 Equipment Inspectors 1 Equipment Warehouse Head 2 Equipment Workshop Heads B) Directorate of Studies and Planning 1. Consultants' Counterpart 1 Division of Planning and Coordination Head . 2. Trainees 1 Transport Engineering Subdivision Head 1 Transport Economic Subdivision Head