OFFICIAL
DOCUMENTS
Amendment No. 2 to the Administration Agreement between the European Commission
and the International Bank for Reconstruction and Development and the International
Development Association concerning the Liberia Integrated Public Financial Management
Reform Single-Donor Trust Fund (No. TFO72467)
1.    Reference is made to the Administration Agreement between the European
Commission (the "Donor") and the International Bank for Reconstruction and Development
and the International Development Association (collectively, the "Bank") regarding the the
Liberia Integrated Public Financial Management Reform Single-Donor Trust Fund No.
TF072467 (the "Trust Fund") effective as of December 17, 2015 (the "Administration
Agreement").
2.    The Donor and the Bank agree to the following amendments to the Administration
Agreement:
(a) Paragraph 8 is amended to read as follows:
"8.   Individual procurement and grant contracts under this Administration
Agreement shall be signed by the Bank no later than nine hundred and twenty five
(925) days from the date of this Administration Agreement."
(b) Section 6.1 of Annex 2 is getting amended as follows:
"6.1 It is expected that the funds deposited in the Trust Fund will be fully disbursed
by the Bank by June 30, 2018 (the "End Disbursement Date"). The Bank shall only
disburse funds deposited in the Trust Fund for the purposes of this Administration
Agreement (other than returns to Donors) after such date to the extent such date is
changed in accordance with amendments made to the Administration Agreements of
all the Donors. Following the End Disbursement Date, the Bank shall return any
remaining balance of the Trust Fund to each Donor in the Holding Currency in the
manner specified in its respective Administration Agreement on a pro rata basis with
regard to the total funds deposited in the Trust Fund by such Donor relative to the
total funds deposited in the Trust Fund by all Donors, all calculated as Holding
Currency amounts."
3.    All other terms of the Administration Agreement will remain the same.
4.    The Bank will disclose this Amendment in accordance with the Bank's Policy on
Access to Information. By entering into this Amendment, the Donor consents to such
disclosure.
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5.    Each of the Donor and the Bank represents, by confirming its agreement below, that it
is authorized to enter into this Amendment and act in accordance with these terms and
conditions. The Donor and the Bank are requested to sign and date this Amendment, and
upon possession by the Bank of this fully signed Amendment, this Amendment will become
effective as of the date of the last signature.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION
By:
Larisa Leshchenko
Country Manager for Liberia
Date: 'ILI-t1_4
EUROPEAN COMMISSION
By:
Name: H61&ne CAVE
Title: Ambassador
Date:  21/12/2017
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