Common use of Retroactive Financing Clause in Contracts

Retroactive Financing. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Greater Colombo Water and Wastewater Management Improvement Investment Program – Project 1) Number Item Total Amount Allocated for ADB Financing (SDR) Category Basis for Withdrawal from the Loan Account 1 Material and Equipment 1,863,000 54% of total expenditure claimed 2 Consulting Services 4,132,000 100% of total expenditure claimed* 3 Training and Workshops 649,000 100% of total expenditure claimed* 4 Incremental Recurrent Costs 1,609,000 72% of total expenditure claimed 5 Interest Charge 343,000 100% of amounts due 6 Unallocated 588,000 Total 9,184,000 *Exclusive of taxes and duties imposed within the territory of the Borrower.

Retroactive Financing. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Greater Colombo Water and Wastewater Management Improvement Investment Program – Project 1) CATEGORY ADB FINANCING Number Item Total Amount Allocated for ADB Financing (SDR) Category Subcategory Percentage and Basis for Withdrawal from the Loan Account 1 Material and Equipment 1,863,000 54Works CMC 1,474,000 67% of total expenditure claimed 2 Equipment 1,151,000 55% of total expenditure claimed 3 Consulting Services 4,132,000 4,946,000 ▇▇ ▇▇▇▇▇ 1,896,000 89% of total expenditure claimed 3b CMC 3,050,000 76% of total expenditure claimed 4 Training and Workshops 987,000 100% of total expenditure claimed* 3 Training and Workshops 649,000 100% of total expenditure claimed* 4 Incremental Recurrent Costs 1,609,000 725 Project administration – NWSDB 1,584,000 74% of total expenditure claimed 5 6 Interest Charge 343,000 548,000 100% of amounts due 6 7 Unallocated 588,000 1,137,000 Total 9,184,000 *11,827,000 * Exclusive of taxes and duties imposed within the territory of the Borrower.

Retroactive Financing. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred in respect of Consulting Services for detailed design under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Greater Colombo Water and Wastewater Management Improvement Investment Program – Project 1) Number Item Total Amount Allocated for ADB Financing (SDR) Category Basis for Withdrawal from the Loan Account 1 Material and Equipment 1,863,000 54% of total expenditure claimed 2 Consulting Services 4,132,000 100Works 24,410,000 93.6% of total expenditure claimed* 3 Training 2 Equipment and Workshops 649,000 100% of total expenditure claimed* 4 Incremental Recurrent Costs 1,609,000 72Goods 3,949,000 100 % of total expenditure claimed * 3 Land Acquisition and Resettlement 7,000 100 % of total expenditure claimed * 4 Training and Capacity Building 95,000 100 % of total expenditure claimed * 5 Consulting Services 2,051,000 100 % of total expenditure claimed * 6 Incremental Administration 775,000 100 % of total expenditure claimed * 7 Interest Charge 343,000 100819,000 100 % of amounts due 6 8 Unallocated 588,000 4,724,000 Total 9,184,000 *36,830,000 * Exclusive of taxes and duties imposed within the territory of the Borrower.

Retroactive Financing. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedfinanced for civil works, equipment and materials, Project management and implementation, and consulting services, subject to a maximum amount equivalent to 20% of the Loan amount. ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Greater Colombo Water Jammu and Wastewater Management Improvement Kashmir Urban Sector Development Investment Program – Project 12) Number Item Total Amount Allocated for ADB Financing (SDR$) Category Basis for Withdrawal from the Loan Account 1 Material and Equipment 1,863,000 54Works 76,200,000 70% of total expenditure claimed 2 Consulting Services 4,132,000 Equipment 2,600,000 100% of total expenditure claimed* 3 Training and Workshops 649,000 workshop 1,000,000 100% of total expenditure claimed* 4 Incremental Recurrent Costs 1,609,000 72administration support 5,100,000 80% of total expenditures claimed 5 Consulting Services 11,900,000 80% of total expenditure claimed 5 Interest Charge 343,000 100% of amounts due 6 Unallocated 588,000 13,200,000 Total 9,184,000 110,000,000 *Exclusive of taxes and duties imposed within the territory of the Borrower.