Conformed Copy - C2076 - Punjab Irrigation and Drainage Project - Amendment

Page 1 August 26, 1992 The Secretary to the Government of India Department of Economic Affairs Ministry of Finance New Delhi 110 001 India The Chief Secretary, Government of Punjab Civil Secretariat Chandigarh, Punjab India Dear Sirs: Punjab Irrigation and Drainage Project Credit No. 2076-IN/Loan No. 3144-IN Please refer to the Development Credit Agreement dated February 9, 1992 (hereinafter the "Development Credit Agreement") between India (hereinafter the "Borrower") and the International Development Association (hereinafter the "Association"), to the Loan Agreement of even date therewith (hereinafter the "Loan Agreement") between the Borrower and the International Bank for Reconstruction and Development (hereinafter the "Bank") and the Project Agreement of even date therewith (hereinafter the "Project Agreement") among the Association, the Bank and the State of Punjab, as amended. In response to your request, we are pleased to inform you that the Association and the Bank agree to amend Schedule 1 to the Project Agreement, incorporated in the Development Credit Agreement and in the Loan Agreement, pursuant to Section 3.02 and Section 3.01 thereof respectively, for the purpose of expanding the scope of procurement by force account. Accordingly the Association and the Bank hereby propose to amend Schedule 1 to the Project Agreement as follows: 1. Part C(3) of Section I of Schedule 1 to the Project Agreement is amended in its entirety to read as follows: "(3) Civil works may be carried out through force account provided that such works shall not in the aggregate exceed 20% of the total cost of all civil works under the project." Please confirm your agreement to the foregoing amendment by signing and dating this letter in the spaces provided below. This amendment may be executed in three counterparts, each of which shall be an original. Upon your confirmation, please return one fully executed original to us. This amendment will be effective as of the date of this letter upon receipt by the Association and the Bank of one fully executed original of this amendment. Very truly yours, INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By: Heinz Vergin Director Country Department II, India Asia Region Page 2 CONFIRMED: INDIA By: /s/ A.K. KHURANA Authorised Representative under the Credit Agreement and the Loan Agreement Date: STATE OF PUNJAB By: /s/ G.P.S. SAHI Authorised Representative Date:24/09/92