Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Serbia - Real Estate Management Project (P147050) EUROPE AND CENTRAL ASIA | Serbia | Social, Urban, Rural and Resilience Global Practice Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 3 | ARCHIVED on 19-May-2016 | ISR23329 | Implementing Agencies: Republic Geodetic Authority, Ministry of Construction Transport and Infrastructure Key Dates Key Project Dates Bank Approval Date:16-Mar-2015 Effectiveness Date:08-Oct-2015 Planned Mid Term Review Date:30-Sep-2017 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2020 Revised Closing Date:31-Dec-2020 Project Development Objectives Project Development Objective (from Project Appraisal Document) To improve the efficiency, transparency, accessibility and reliability of Serbia’s real property management systems. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name A. Valuation and Property Taxation:(Cost $7.99 M) B. E-governance for Enabling Access to Real Estate Information:(Cost $19.93 M) C. Institutional Development of the Republic Geodetic Authority:(Cost $12.87 M) D. Project Management and Supporting Activities:(Cost $3.10 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Satisfactory Overall Risk Rating  Substantial  Substantial 5/19/2016 Page 1 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Implementation Status and Key Decisions RGA and Government committment to the Project Development Objectives is strong. Legislative reforms in the areas of land management and land administration aiming at addressing gaps and bottlenecks in planning and construction and in real estate cadastre have been initiated. The Project became effective as of October 8, 2015. RGA and MCTI are now implementing Project activities. 5/19/2016 Page 2 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) 5/19/2016 Page 3 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Substantial  Substantial Institutional Capacity for Implementation and Sustainability  --  Substantial  Substantial Fiduciary  --  Moderate  Moderate Environment and Social  --  Low  Low Stakeholders  --  Substantial  Substantial 5/19/2016 Page 4 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Avg no. of days to complete recordn of purchase/sale of property in land adm systm (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 48.00 48.00 48.00 4.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDPDOTBL  Avg no. of days to complete recordn of purchase/sale of property–Urban (Number, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 48.00 48.00 48.00 4.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDPDOTBL  Avg no. of days to complete recordn of purchase/sale of property–Rural (Number, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 48.00 48.00 48.00 4.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDPDOTBL  Rules, procedures, methodologies and information widely and easily accessible and procedures operate for public to verify their information (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Limited availability. Sales Price Registry Data available Value Limited availability. -- established and publicly on internet available. 5/19/2016 Page 5 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDPDOTBL  Open (structured) data available to municipalities for re-use (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value None -- None Available Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDPDOTBL  Increased custiomer satisfaction with real property management system, including as to quality and efficiency. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 66.00 -- 66.00 80.00 Date 24-Mar-2014 -- 30-Sep-2015 31-Mar-2020 Overall Comments Intermediate Results Indicators PHINDIRITBL  Property price index established (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Initial system in place. Price index Value Initial system in place. -- Sales Price Registry established. established. Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 5/19/2016 Page 6 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) PHINDIRITBL  Valuers operating in accordance with valuation standards. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Valuers operating in Limited use of Value Limited use of standards. -- accordance standards. with valuation standards. Date 01-Jan-2015 09-Jun-2015 09-Jun-2015 30-Sep-2020 PHINDIRITBL  Building register (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 01-Jan-2015 -- 09-Jun-2015 30-Sep-2020 PHINDIRITBL  Mass appraisal system developed (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target In use in 5 Value No system -- No system. Municipalities Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Integrated REC and Registration System is operational in all RGA offices (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target No integrated system. System fully Value No integrated system -- General technical implemented in requirements defined. all LCOs Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 5/19/2016 Page 7 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) PHINDIRITBL  Central archive operational (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 PHINDIRITBL  System for electronic issuing of building permit established. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target System developed, Value No system -- No system. tested and piloted Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Corporate strategy and business plan submitted to government (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Number of stabilized grid points (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1716.00 Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 5/19/2016 Page 8 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) PHINDIRITBL  Number of leveled elevations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4202.00 Date 01-Jan-2015 09-Jun-2015 09-Jun-2015 30-Sep-2020 PHINDIRITBL  Number of measured gravimetry points (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 274.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Clearing backlogs in accordance with defined service standards. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 95.00 Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Number of beneficiaries from vulnerable groups assisted through mobile services (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target No mobile service No target. Just Value -- -- established yet. to be monitored Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 5/19/2016 Page 9 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) PHINDIRITBL  Number of beneficiaries from vulnerable groups assisted through mobile services - female (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target No target. Just No mobile service Value -- -- to be established yet. monitored. Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Target land area with use or ownership rights recorded as a result of project (Hectare(Ha), Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 11500.00 Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Area covered by digital maps under the project. (Hectare(Ha), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 4661004.00 4661004.00 4661004.00 6700000.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Digital utility lines completed under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 34000.00 Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 5/19/2016 Page 10 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) PHINDIRITBL  Number of persons trained (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 7300.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Number of persons trained - female (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2100.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Level of satisfaction of trainees with training (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value -- -- -- 90.00 Date 01-Jan-2015 -- 30-Sep-2015 30-Sep-2020 PHINDIRITBL  Level of satisfaction of trainees with training - female (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value -- -- -- 90.00 Date 01-Jan-2015 30-Sep-2015 30-Sep-2015 30-Sep-2020 Overall Comments Data on Financial Performance 5/19/2016 Page 11 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P147050 IBRD-84860 Effective USD 44.00 44.00 0.00 2.07 41.66 5% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P147050 IBRD-84860 Effective 16-Mar-2015 17-Apr-2015 08-Oct-2015 31-Dec-2020 31-Dec-2020 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 5/19/2016 Page 12 of 13 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Serbia - Real Estate Management Project (P147050) 5/19/2016 Page 13 of 13 Public Disclosure Copy