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.
Detalhes
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Data do documento
2012/08/23
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TIpo de documento
Documento do projeto
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No. do relatório
67464
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2012/08/31
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Disclosure Status
Disclosed
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Disclosure Type
Simultaneous Disclosure
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Board Meeting Date
2012-09-20T00:00:00Z
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Nome do documento
Liberia - Additional Financing for the Road Asset Management Project : restructuring
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Palavras-chave
financing agreement;urban and rural infrastructure rehabilitation;Internal rate of return;Output and Performance Based;Management of Public Finance;cumulative target;civil works;vehicle operating cost;financial management arrangement;internal control procedure;financial management capacity;internal audit function;financial management responsibility;access to information;road construction program;public sector institution;Financial Management System;delay in procurement;international roughness index;public sector entity;fund flow arrangements;quality and quantity;procurement capacity assessment;accounting and reporting;social and environmental;Check and Balances;segregation of duty;invitation to bid;capacity building component;public private partnership;public-private partnership;Donor funded projects;country financing parameters;
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