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Liberia - Additional Financing for the Road Asset Management Project : restructuring (English)

The objective of the Additional Financing for the Road Asset Management Project is to support the recipient's efforts to reduce transport costs along the road corridor from Monrovia to the Guinea border and to maintain the road in good condition over a 10-year period. The additional credit will finance the unanticipated cost increase (due to inflation) for upgrading, rehabilitating and maintaining the original road length from Monrovia (red light) to the Guinea Border, as well as to scale up the implementation of the component one (design, rehabilitation and maintenance of Monrovia (red light) - Ganta-Guinea Border Road) and additional activities for the component two (consultant services, operating costs, and training). The project is being restructured to reflect changes that include: (a) extension of the date for the hiring of an external auditor to November 30, 2012; (b) deletion of a redundant reference to an implementation manual; and (c) application of the new procurement guidelines (January 2011) upon effectiveness of the additional financing credit.

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Liberia - Additional Financing for the Road Asset Management Project : restructuring (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/193041468054578525/Liberia-Additional-Financing-for-the-Road-Asset-Management-Project-restructuring