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FAX (202) 477-6391
 
The World Bank 
1818 H Street N.W. 
(202) 473-1000 
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
 
Washington, D.C.  20433 
Cable Address:  INTBAFRAD 
I
NTERNATIONAL DEVELOPMENT ASSOCIATION
 
U.S.A. Cable 
Address: 
 
INDEVAS 
 
CONFORMED COPY 
 
July 21, 2010 
 
Honorable Natan Teewe 
Minister of Finance and Economic Development 
Ministry of Finance and Economic Development 
Bairiki, Tarawa 
Republic of Kiribati 
 
Dear Excellency: 
 
Re: Australian Grant for Co-financing Kiribati Adaptation Project 
–
Phase II 
(Grant No. TF056115) 
 
We refer to the Australia Co-
financing Trust Fund Letter Agreement (the “Letter 
Agreement”) signed on June 13, 2006 on behalf of the International Development Association 
(the “Association”) and countersigned on June 29, 2006 on behalf of the Republic of Kiribati (the 
“Recipient”), as amended to date. We also refer to the letter from you, dated May 25, 2010, 
requesting the Association to amend the Letter Agreement to increase the procurement threshold 
for works under the National Competitive Bidding procedure, in order to facilitate the 
implementation of the Project.  
 
We would like to inform you that the Association accedes to your request. Accordingly, 
the Letter Agreement is amended as follows: 
 
1. 
Subparagraph 4.5 of the Annex to the Letter Agreement is amended to read as follows: 
 
“4.5. 
The Association may require withdrawals from the Grant Account to be made on 
the basis of statements of expenditures under contracts for: (a) goods costing less than 
$100,000 equivalent per contract; (b) works costing less than 
$250,000
 equivalent per 
contract; (c) services of individual consultants costing less than $50,000 equivalent per 
contract; (d) services of consulting firms costing less than $50,000 equivalent per 
contract, and (e) all community development grants, all under such terms and conditions 
as the Association shall specify by notice to the Recipient.” 
 
2. 
Section I, paragraph B.1 of Attachment I to the Letter Agreement is amended to read as 
follows: 
 
“1. 
National Competitive Bidding. Goods estimated to cost more than 
$50,000 but less than $100,000 equivalent per contract and works estimated to cost more 
than $50,000 and less than 
$250,000 
equivalent per contract, may be procured under 
contracts awarded on the basis of National Competitive Bidding.” 
 
All capitalized terms used in this amendment letter have the same meanings assigned to 
them in the Letter Agreement.  
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Honorable Natan Teewe 
 
 -2- 
 Grant 
No. 
TF056115 
 
All the terms of the Letter Agreement not hereby amended shall remain in full force and 
effect.  
 
Please confirm your agreement to the amendment proposed above by signing and dating 
the form of confirmation on the enclosed two copies of this amendment letter and returning one 
original to us. This amendment letter shall be effective as of the date of countersignature by the 
Recipient. 
 
Sincerely, 
 
By/s/ Robert Jauncey 
Acting Country Director 
Timor-Leste, Papua New Guinea and the Pacific Islands 
East Asia and Pacific Region 
 
AGREED 
REPUBLIC OF KIRIBATI 
 
By /s/  Natan Teewe 
____
Name:  Honorable Natan Teewe_______
Title: 
Minister of Finance and Economic Development
Date 12-08-10
_________________________