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. 1 Civil Works 47,833,000 80% of total expenditure claimed 2 Equipment and Vehicles 6,620,000 100% of total expenditure claimed* 3 Consulting Services 8,048,000 100% of total expenditure claimed* 4 Capacity Development 5,192,000 100% of total expenditure claimed* 5 Incremental Recurrent Costs 1,428,000 20% of total expenditure claimed 6 Interest Charge 4,608,000 100% of amounts due 7 Unallocated 7,399,000 Total 81,128,000 * 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 financedthe Consulting Services, Works and Goods, subject to a maximum amount equivalent to 20% of the Loan amount. 1 Civil Works 47,833,000 80% 20,037 100 percent of total expenditure claimed expenditure* 2 Equipment and Vehicles 6,620,000 100% Goods 274 100 percent of total expenditure claimedexpenditure* 3 Consulting Services 8,048,000 100% and Incremental Administration 4,122 100 percent of total expenditure claimedexpenditure* 4 Capacity Development 5,192,000 100% Resettlement 3,058 100 percent of total expenditure claimedexpenditure** 5 Incremental Recurrent Costs 1,428,000 20% of total expenditure claimed 6 Interest Charge 4,608,000 100% 650 100 percent of amounts due 7 6 Unallocated 7,399,000 Total 81,128,000 2,848 TOTAL 30,989 * Exclusive of taxes and duties imposed within the territory of the Borrower. ** Exclusive of land acquisition costs, 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 connection with the Works, land acquisition and resettlement 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 financedAgreement, subject to a maximum amount equivalent to 20% of the Loan amount. 1 Civil Works 47,833,000 80272,870 1A ▇▇▇ ▇▇▇▇ Bridge 110,750 50% of total expenditure claimed 1B Interconnecting Road 162,120 100% of total expenditure claimed 2 Equipment Land Acquisition and Vehicles 6,620,000 Resettlement 37,180 100% of total expenditure claimed* claimed 3 Consulting Services 8,048,000 100% of total expenditure claimed* 4 Capacity Development 5,192,000 100% of total expenditure claimed* 5 Incremental Recurrent Costs 1,428,000 20% of total expenditure claimed 6 Interest Charge 4,608,000 and Commitment Charges 13,500 100% of amounts due 7 4 Unallocated 7,399,000 Total 81,128,000 * Exclusive of taxes and duties imposed within the territory of the Borrower.86,450 TOTAL 410,000