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Russian Federation - Highway Rehabilitation and Maintenance Project (Inglês)

The audit rates outcome as moderately unsatisfactory and institutional development as modest. Sustainability is rated as non-evaluable because the government in 2000 abolished a dedicated Road Fund that ensured adequate funding for road maintenance, and it is too early to pass a well-founded judgement on future funding from the central budget. World Bank performance is rated unsatisfactory because of the project's inadequate quality at entry and poor performance during the mid-term review (including failure to formally restructure the project). Borrower performance is rated unsatisfactory because, despite a mostly good performance of the implementing agency, it was weak in pursuing the institutional objectives and made no progress in developing an accounting and auditing system for the Road Fund, which would have improved its financial management and likely avoided its demise. This experience confirms the following OED lessons: A wide-scope project design for a first-time Bank operation in a sector makes sense only if the operation will launch initiatives that will be continued in follow-on projects. Project implementation units (PIU) may be essential in transition countries. the use of a phased approach that starts with pilot components is advisable, especially in transition economies subject to significant economic, political, and institutional uncertainties, but achieving maximum effectiveness requires an early assessment of the pilots' results and the option to redesign.


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    Relatório sobre Avaliação do Desempenho do Projeto

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  • País

    Federação Russa,

  • Região

    Europa e Ásia Central,

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    Russian Federation - Highway Rehabilitation and Maintenance Project

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    Project Preparation and Appraisal;gross domestic product decline;draft tax code;dedicated road fund;Efficiency of Public Expenditures;civil works;road rehabilitation works;improvements in management;allegations of corruption;consumer price index;degree of competition;road user charge;exchange rate change;improving road safety;unit of output;efficiency and quality;public road network;number of jobs;source of revenue;road fund revenue;source of financing;centrally planned economy;concept of road;net present value;institutional development impact;quality at entry;exchange rate policy;Exchange rate policies;contract by contract;quality of work;resolution of dispute;source of funding;pavement management system;cost of training;federal highway;financial management specialist;assignment of credit;price of gasoline;growth of traffic;independent legal entity;road asset management;kilometers of road;road safety improvement;management of road;road construction method;misuse of fund;kilometers of roadway;routine maintenance;federal road;bid price;regional road;institutional objectives;competitive bidding;domestic financing;Road Funds;local contractor;price adjustment;traffic count;highway system;project road;transition economy;consulting industry;institutional framework;road system;investment cost;road financing;highway agency;regional fund;road design;Transition economies;rehabilitation component;heavy traffic;raise awareness;financial control;enterprise tax;construction industry;prior review;road administration;engineering design;market competition;axle load;road sector;highway financing;construction cost;standard procedure;road work;unit price;borrower performance;technical standard;project financing;transition process;independent supervision;road maintenance;auditing system;construction quality;highway design;organizational change;institutional change;road condition;transport investment;important component;cold weather;traffic projection;modern equipment;issue note;loan fund;highway maintenance;external training;transaction cost;high inflation;authorized bank;passenger vehicle;general taxes;traffic forecast;pilot component;transition countries;transition country;good performance;international consultant;radical change;future fund;local financing;state control;audit rate;advance payment;rehabilitation contracts;effectiveness condition;logical framework;market place;disbursing loan;rejection rate;approval process;market condition;fund resources;dollar value;assessment rate;Consulting services;commercial basis;specific issue;international expert;received certification;lower price;fiduciary risk;annual revenue;private auditing;individual investment;financial statement;selection criterion;informal sector;truck traffic;dynamic growth;rail tariff;traffic data;transport demand;traffic statistic;civil unrest;rehabilitation investment;political instability;Political Economy;short trip;road transport;geographic coverage;private contractor;cost analysis;contract work;highway administration;modem technology;foreign input;extreme conditions;academic journal;public life;market-oriented economy;Tax Administration;gross revenue;highway authority;Gasoline Tax;project costing;road traffic;highway planning;proper accounting;heavy truck;management technique;procurement process;early assessment;Environmental Assessment;staff capability;minimum values;administrative support;price comparison;government subsidy;procurement method;large transfer;traffic counter;contract management;road sign;international auditing;unemployed worker;capital expenditure;road section;main road;road deterioration;budget constraint;domestic finance;assessment mission;budget consolidation;fiscal resource;government action;national highway;contract price;financial audits;



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