„საქართველოსა და აზიის განვითარების ბანკს შორის სესხის ხელშეკრულების (განსაკუთრებული ოპერაციები) (მდგრადი ურბანული ტრანსპორტის განვითარების საინვესტიციო პროგრამა-პროექტიII)

ხელშეკრულება მიღებულია
ინიცირების თარიღი
24.07.2012
ავტორი
საქართველოს ფინანსთა სამინისტრო
ინიციატორი
საქართველოს პრეზიდენტი
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#07-1/382/7
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„საქართველოსა და აზიის განვითარების ბანკს შორის სესხის ხელშეკრულების (ჩვეულებრივი ოპერაციები) მდგრადი ურბანული ტრანსპორტის განვითარების საინვესტიციო პროგრამა-პროექტიII)

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ბიუროზე განხილვის თარიღი 2012-07-25

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ხელშეკრულება
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V ▼ ¨︱ 17 Schedul● 4 ]:淵 ID諜硼 ∫ ` 製‖ 鵠彎 譜躙 :椰 ボ RIP漱 :1酔胸│、 地 器 :。 │ V 。 ││っ an300001)ギ u、 ':君 thl:},Il撻 ‐ ` ADB̲│、 6● ぃmlb、 、(ぃ ♂ x"あ → ,Vヽ 0。 (「 ト b 、 ● 蒟 ふ 魚 ヤ 絆ポイ 絆 棋 む 躙 '0出‖ギ ・■ 、 卜、ぃ 。 0) 71● ら aメ 、 、■ "れ 11ド ]ル た 11‖ 榔 tO‖ ORoRO輛 lal J"6° D● 0お lヽ lも aハ (,11,(TIIllllh)│・ ヽ‖ (C) ド 牌 ‖ lt(胸 鮮 、60、 。oL(300ヽ そ 、 ̀ぁ 'ゝ1)、 史 01'0(。 │)鸞 t,` 。L O、 深 │は 帯 搬 常 ° で lI(1° ヽ ll胤 も 31撻 :)ヽll!̀ 0 0● :凛 31° 1出 (̀:l く()ヽ 't,` 0` れ` あЧ ttα ぃ '(lla O、で , 1,̀'61 6 も`808600o01, ■ ぃ)、 0ヽ 301) 軸 蹴 V ▼ よヽ 18 Schedule 4 (d) ぁ、1,(,001, t、 。3.,、 喫0 ̀ぁ ol,:メ γ ,0 (1(lR()R(,301' η t〕 l 卜。3● )66̀ぃ 16(" 85601) 300、 あ っ `P蹄 W出 、 鰍 ̀(,,DRυ ̀X") (。 :!で 0` n3。 ROЪ V060` コ興0 )R (,3ROq,0あ ``6(,3'く て mi161ド 1鵬 ° キ 1馴 %覧 ‖ 肌〔 0:ギ 1ょ ヽ :Ъ い ‖都‖ 撃 出 ‖ て ‰ 鰯糀 ヽ ¬5や ` い いい 角 岬 #1キ │!l悧 島 6。 ぉご∬ ̀"00R。 (a) Oo、 vo,N・ ,ヽ ADB̲も t, 3o● 1,,あ ヽ (1) 、、 n:〕 あ 、い│、 100RO 、●o oOo60 .11()t,、 お、8̀)1,、 く 。)、 6Ь 0 (30ROR〔 ,IJ60も つ10。 6(,, :〕 V (b) 11(〕 ЪqQ"Ч PЬ MD出 )Ъ 『 1 、v、 し い6、 vO● 。おOu■ ,興 、 J■ 66̀司 0■ 、ヽ30J"` ■。 ηuilヽ 60賀 0 00 ̀a)(り 00彎 。RIÌ● Ъ ‐ 40Ъ 。 あ る ,)鸞 っあ0(̀ 、 Xつ L01,Ъ ADB‑6 ̀ a● oも ,06。 1,v。 12‐ 1!Ol,゛ 00も ` ゃo■り 。 て 16● も う t,6J6・ 、 、 ",つ ,買 6 ̀ ^● (":)0 0〔 )1,ADB̲Ъ 。 10。 x,│。 、 160)│,0,(00、 vO、 。 v〔 )● 0お (ν 1,(〕 1● ,。 (〕 :貫 6ヽ ) 蜘 撫 1鰯,ツ V V .冷 l9 Rr6rdo,o 5 J6a,0d6oL a!5br'r66o6,<0ilu flG.l6l,t6o Us3ooL68o A.r6 [r'r16OoOo'.'Al,.r ilhJtiill,JgAr 1{. MDF-a., .r6tr.,n ,J,r,r.,it[,itiIi,iJ,,,{, .1..,,,itJ(5(,1, b,\61,f ,6G(,0!q,0i!n PAM-'3o irn6l).Jt,(iJl+J((,,, ll,o&,l,,t,,iJ1,ijl,,t, A,,i;|;;;;;,;: pAM-ol, d,y,iltl I$boL ?03(5(,riio 00r{,o,<Jas ,rrsl,rir, alijr ah.,{,.,i ;t,iJl,[ij,](l,,,i* ,{," nua-,,1, a"xo a,t;a6,FOiJrol). ?Ja11'Ji,. PAM-t,,, 11,., r.r,q,tr,,i.,rd,,r"r. 0,,,.c t,.,.ra,,X,1$,., .1,.t;11,h,,, h,1q'd1,y6,1S,;1l..lr 'ilt.,16ol, 14.n,AiJ l,.,tol,,JJ.at,..d.;a.,l,;r, a,1a,,,r,,,,,,,":a,, x.r,,,+,.\.)Ji,;,A., iroilroiiF., t -lDl,Jl,tc' Jrl.?iUd,?tr{iJA.,,it,, lr.J.,r, l,.,J6c,JJ0c, t X,,l,.;t,rffi(,ri\.,:i,, a.,( i;a,Jrl, QJA'i'Rxlxll, V br..Jia,, alrJhhiir(.:ol, ,r.\r-,ol,t,ihJintr. MDF--it,, Jr,ll,.. JI,f,..t6J;trl,I,(.,1, .,6,.,JJoo1, ? aoa'h.,r.,Jrol,, " a,;hr,Jarl1;:;n,,t,. x.,r,r",r"i,l,::,,,,;r,. ,Yij.i,l,iu,tf"r^ Ns (,il,f' Jr-,ilAol) ...(:o.l,r,lr,i,t,.;lJl,.,A.,Aolr',tr.. (a) i,,..6JHot), .,6a6o,itq,c,i\,,1, (,.,( 1 (., ,,,i"._,c,,1,,,,,a,,t, ,rJhi..\ir,'l) J,,t,,,hir;\rDi6 ,r5 a.,,r,Ji)?t,{o6g\p1 6or631dor.:G;i;t,,1,., (b) 5.rr61y3.,1 (,r03otr 'Jl,.,A6oh.Jlot, ho'AJttr,.,6 c) EARF,-.,t,: q" (d) tEE.t,., (," EMp-.;,, ;r.,r,r,., r,(,3a11q lUJq,.' ('!6(,1,,1.J,1,,1,s. 11,,r_ a,n,,1,.,;tt^t ,.6. ..1;1;;;1 ;;;3;1q.., ,,fl a.,,1,.,a;;,i6,,onlx(. (,. JF,Jitithr j(rJ*l, ilaa(,ir},.,1,o,.,6, og,flg1.;1to1; vrd,a,,ll,i,,itr,orl,os 1,t,",,,a"r,i,)ji,,r,',r",,lrr;r,,t, no,6o0r,6o6rjolt r6trd,o'a'ilo Aog(,1)'il!l,lloo,,rn (.,.,rtN,,,,,1,n",, .,nt,l,nLr.l,,r,i\.\ l'hil;rit, ,. MOF-ai it6l{,d ,)'hd,i.t6itJq,ilt,tr ,]d,(,)DJC),,1)(Diolr ?,,.1.1,1,,. ,. ,al,Jl'|,,lAe,'l',,.,t'x1',' .irith_\\ir(,1x, .,1,\f, ,ll?ir]it,JJr(j Liit,J,itnr,)ijt.l! ijJAlli ^ A,,, ?t(,Jlil,rro ,tc !6i1.\ilfr,.,lr) l,,\,,,ti,1r. rr.r:l1a,.r,r;1A,,,.,ri 1(,.\,J,\iiit,,r)JA,U{ ,1i;,f 11,,i"6.a,, ,,,.,Sr.,i,crrai,,l,, it\hr',\1,,1, aill,..i\ 'Hol,n('r ,\i1.,1",r,\5. ;16q,r ,;1't,r6,,,yti311<11ot'. dr(,,,J ti;)(i,1, ii;1,11,p11,,t,n s^ at,iJhhijlJq'ot, ?J-!il.\aot,o,Jn6(,6;)L,t,i i",,.,ari,,t, ' q.1;x",,;- 1Ot R5 s.,6aar.i),(,o6iJBitl. ,ilJl, i,.,r,r,:h(,a,\,,1, rt,.,qrro,l,,1J),,,1. l,mallot, ,A.\a,,1,.\(,: (c) LARF_It, l,?5lri,-* ?gl*lr?olr.rru r,., (d) ';tJl,.,L,a,,t, fent-;r,, r,*,,1,.";i,1. ,..,.,i,,1,,r,,;1,\Xa,,r,,,,,," .,lr;1,1;1 rt,.'"3r<io,h,r.1l,oh r,,.lrx,r,,r, ",,r,i,.. u,iii,,6,.,i,r,i\,,1, ' ir,o..r,,,:l?,, lJ,y*"'l3sna.t,. ^ i,,r,,,tl:l,J),,r,,.r ;;,t-,tr.,l,q,il,\olr ,.11,51ti<'d' t,('rr\ rt, ,l),,,I)i/,ot, 15s0o11;;6;lAolr i,, ,, lllJl,hiJA(,,,1),r.\rl,otlbih (x,, MDF,a.\ ?tt;!(,s.J,t,a.,JSJi|!lltr1l! dr(,,it id) ,d,lr,{?pJ,,l,i,rs6;t'aJ, ac,hitiJl,.r6a,i,Jr,)o,n6 {,.,,J..e?,,6irA?111,,, B,il,orrit6o r6 X.1,,S.i;ti",, j,"r,ti.i,,rxA,,, t,,v^a, (a) ?,,nrn,.rtllitisnl) qrl;113p1 6g.Xq J,,6ii , n6 i!.xsiJ(jJano, .ijillht..:1ol,nt\i ,t',[].liJGb.(]iiiJ]{' il,n ?l?tal,J?,ij}o LARFi,t, {,s (b) ii6 'iJi)a.Jiil\lt,qii\i (,,\ liril,);pRod[,i]]r l,no,i6n(," 'i.tlriht,itR,,,l$ (,n t$13tm3t<r;11r:1o .},'i6r,lJrlol, .,(lt11,a.y'to,16(,tdr.,ai, LARF,,)t, 'a1l,sl.r3ol,rq ▼ V ヽ常 20 Schedule 5 8,noat16o ilr''listid,tgr.lls 16 i6olt Asmin,*ol)\ro6Jh(,o r<r,;o01 L.rbob :i.."... .,1.'l1O"l bitA.';l('Jhr. ". .. d,tit,,,{"6 ai,, .fl.rra,{;i?o .aXa,,it3X3;an, hit rl'irrarr,h,1. 5"i1r{,ij6nt, "ol,i.t'a,i,aut, . -,rh;yro ,r.'!l(l,l,aii:t,n,,. .",1,,.,,,6.,.,(,,;,.,t, M^DF.l., ,r6(,., il,itl:1J,ltli,,,r... * Sps.,,r. 1,11,',lrl5.,' i,Jlr'n, di'1 , .j.\l{,,hi'Aol,} ('.. a.,d,JifJt_\,riJAiLr.l\, t,,r,,liI\,,t, U,.,,.,., it,rr,l.,r*,,t,., 11., SPS,,r, J,)rn.,6Jal,n {- .'t^d,Jd.Jq.,,16JtJrl, i .,,,,ixat, .a-a.r, .,rnr,xa,,a,,r,"r,, n.,ir,i1yl,rx;r,,rl ?.]l,6,100lx')}r J6o:\ijd.\ SPS-1,. ?Li$lu,h(,'0do! Arru'ho,r6Jt,,l, i\.,Libr,,6(|oU,tUAo?rt l,ii\,,6r, ru.nAo,\6?d)r, q.., gto6s6l,gd,,, 6'JltI6tr:,Ao al, l'l,i,lrl,(,t, ,r.\x1,,,t,hilit3oo,. 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LOAN NUMBER 2880‐ GEO(SF) LOAN ACREEMENT (Speda operalons) (SuSlainab o urban TransportinvesunOnt Program― Prolect 2) V CEORGIA and ASIAN DEVELOPMENT BANK V DATED 24」 ULY 2012 GE0 42414 LOAN AGREEtrENT (Spectet Operatton!) LOAN AGREEMENT dared 24 Juty 2012 botwoen GEORG|A ("Bonows/) and ASIAN DEVELOPMENT BANK CAOB). WHEREAS (A) by a framowork financing agreement dated 21 Jun6 2O1O b€tw€sn the Blnower and AD8 ("FFA"), AOB has agreqd to provide I muttilranche tinancing facitity to th6 Bonower for purposss of financing projocts undor lhe Sustainabte Urbanlranaport lnve3tm6 Program ("lnv€slmenl Program'). (B) by e p€riodic financing request dated 16 March 20.t2 (.pFR.) snd es amond€d by th€ Bono\/€r thrcugh the mlnutss of the loan negotialions tor tho projgcl dat6d 23 July 2012, the Bonow6r has appll€d to ADB tor (i) a toan from ADB,s ordinary c€phat resour@s; and (ii) a loan from ADB's Spoclal Funds r6sourca6, for the pupos66 ot thg Pro,gd dascrlb€d in Schedule I to thls Loan AgrBement; (C) by a loan agroement b€tween th€ Bonower and ADB ('Ordinary Op€ratioffi Lo6n Agrsemenf), ADB has agre€d to make to th6 Borrower a loan from AO8,s ordlnary cspital resour@s in th€ amount of sixty-four million Dollars (564,000,000) for the purposes of the Proj6ct; (D) th€ Projoct will be c€lried oul by the Muntctpat Dovotopment Fund of Gsorgls ostabllsh€d under Presldontial DGcr.6 dat6d 7 Jun6 '!997 ('MOF ), and for thas purpos€ the Borowsr will mak6 availabl€ to MDF the proc6eds of the loan provlded for horeln upon t6rms end conditlons satlsfactory to ADB| and (E) A0B has agr€6d to m6ke a lo6n to th€ Borrower from ADB,S Speciat Funds Baouraas upon the t€rms and condrtions s€t forth herein and in th6 Proj€c1 Agr66ment botwe€n ADB and MDF; NOW THEREFORE the parties agre6 as follows: ARTICLE I Loen Regulltiona; Dafr nlllon3 Soction 1.01. All the povbions of the Spociat Operations Loan RggulsIon3 of AOB, datod 'l January 2006 ('Loan Regulations'), aro hereby madg applicable to thls Lo6n A0r8€m6nl with ths 6ame forca and offect as it thoy wer6 fuly set forth h€r€in, subj6ct, howovsr, to lhofollowlng modiflcatlons: (a) S€clion 2.01(25) is doletod and the Iollowing is substitutod therefor: 2 ・ P嘲 OCt Agreemonr mOans thO PrOlecl Agr00ment bo● MDF ° 00n ADB and 動機乱 橿λ 認出認絆631:躙 棚 A締 乳:鵬 ι ,編 亀 鍬:器鏃t急 瑶 椒 柵鳥 』 r朧槽 tlw柵顎l諸ξ粘°S"'I譜 os Addilonal tems used in this Loan equi「 Agreelnen have the fOl∝ h9moanhgs (a) ・ Chaner lnOans he charter Or MDF approved by sOvernment Decroo No l18 datod 23」 u y 2005.as amonded,om lmet。 lmel 鷺濯乱g 鵬罪隔Sb」 thnDe棚器 留詣腑is鶴 鶴畿2品:1:よ 熟e肌∫ : ` COnsu"ing servDs・ moans thO seryices tO be lnancod Out of lhe prOc00ds 。 「 the Loan as des。「 bed in subparagraph 3(c)or schedule l tO this Loan (C) Agreoment (d) 駆 酬 ・ Environmenlal Assessment and Review FramewOrk・ ・ 。 「 晰 酬 鰤 為臨 肌鼈 脚 路 EARF・ 「冊 器uttte派誦L.lm、瀾常 評 請 印 龍 躍 継樫reddttnag:認 ltin『 1。 よ :l蹴ム駆‖ 「 首 霊1(T::3臨 l:耀 朧l翼 :requttmen、 (9) ・ 。 「・ means an inllal ° dtthξ 翻 用電::u篤 島 t搬 11寵肥l=]厳 :器 lFよ嘗 駅単器間 £ 穐 ∫ 器 ADR Sd O"hh Ch」 3。 v.用 ::Γ lnlial Envlronmental Examination・ lEE・ │。 qJЮ men● 」 Ю L"h渭 樹 ′ 器γ 硼 器Ttご織 14腎』臨 肝 謄ι ぷ :口 ←) l〃 ・ し。an DIsbursoment HandboOk' means ADB s Loan oisbursoment Handbook(2012.as amended frOm lmeto lme〉 lhe Piqecl daled 231u,2012」 ldag「 :::1盤 lllli」 :::1ladminstra10nmanualfO「 er and ADB,as updated from Jme to time in ao∞ にance ttlh lhe rospect ve administauve prOcedures orthe B。 「 。wo「 and ADB: 3 2 Qasamel‰ ′ 濡喘躙:需り ,uddい ° ゞmeans ADげ s PЮ curemom cuddh j畷 :柵 網 嚇需 鸞l愕鵬:畿毘見 器 Llユi]瀞 欄 謬残 arrangOmonts agrOOd w lh ADBi 」 出:担i颯靱 電 灘 辟黒 駆[湯:II綱 撃 綴 膵¶ 闘 棚器 戴躍 軸椰躙L議鰹扉 首 驚 l聾聯:ibR蹄 龍 執 demo V ク ò31 ・Saた 9uad Pdty,demeば o・ sPs'means AD「 s Saregua"Pd cy 臨 躙 淋 胤 1棚 羅諸 拙 醤 mmtted t t B。 蒻 鵠 o)mplbnco wiぃ .the EMP,lhe RP and the IP preventatrye acl,ons and 駿 :Tr路 勤 輔織恵 J鶴由 七 肥幣期誦 癬 漁鶉 lPと :」│↓ ARTICLE II The Loan Sgclion 2.0j. ADa.gross to tend to the gorrower,rom ADg,s Spoclal Funds rssourc€s an amount m vanou8 curroncjos oquivatenl lo l€n mtflion sx trunCreJinrny, nlne thousand Spochl Orawing Rights (SDR 10,639,b00). S.:ct9!-? 02 (€) Tho Bonowsr shatj pay ro ADB inrorod cn6ry9 at me rats ot 1% per annum during tho gEtc€ p6rlod, and i.S% pe, annu. tfrereane, on the ahounr ot the Loan wilhdra*n rro; rhJt*n time. .n li*rni -ouiJ#ilil;H" "i,o " (q) Ihe t€rm -g6ce p€rbd. as used rn subsection (a) hor6jnabov6 -"rii'ne moans .. the p€riod. pnor to th€ ti.st principat paymont oats i. amorllzatjon sdl€duto s6l forth tn Schedut€ 2 to thls Loan Agreement. "cio.iin"" 4 S6clion 2.03. Th€ inler*t cherge and any oth6r charge on lhe Loan sh6ll be payable ssmiannually on 15 January and fS lity tn eactiyear. Seclirn 2.04. The Bonow€r shall r6pay the princjpal smount ol th6 wtlhgraM ,rom the Loan Account in ac@rdanc€ *iir, if," !o:n. . forth in Schodule 2 to thr8 Losn Agre€ment. 2.05. "nlorri.Iion-'"""r,iij" ""r soction The cungncy Of repaym€nt ol the princlpat amount ot the-Loan and the curency or payment or ini"r""r ir,J,g" roiir," p,i,p"!,iJ 4.03(a) and 4.04 of the Loan Rggutations shal bg Do[ar. t" "i'6]iio* A.RTICLE III lrt. ot proc.cd! of ih. Lo.n 3.0'1. Section Th€ gorow€r shal make the proceods of the Loan awilablo to MOF upon tems and condition6 satisractory to eOa ariO sfriicaus6 ro apply guch proce€ds to lhe financlng of erpenditures on'tho project an *itt ff," provlsiom ot thlg Loan A0rroment and the projoct Agre€ment. ;dr ;"*J""* Secton . 3.02 Th6 proceods ot the Loan shall be allocatgd and wlll|qla\Nn h ec@rdance wilt the provblons of Schedulg 3 t]o this Loan Agreemenl, aJ such Dcn€oule lhay oe amend€d frorn llm6 to tim6 by agro€m€nt betwesn lhe B6rrow€r and AOB. 3.03. Sedlon Erc€pi as ADB may otherwlsg agr€6, th€ Eonov/€r 6na[ procure, oa caus€ lo b€ proculod, the ltems of expondlture to be-financ€d out of lhg proceEds of tho Loan in ac@rdancs wlth th6 plovijtons of Schodul€ 4 to 0.,i;1r"" Agreoment. 3.04. &cept as AOg may othorwisg agr€e, th6 Borrow€r shar caus€ ..S6ction it€ms of €xp0nditur6 flnancod oul of th6 procseds of th; Loan to b6 uggd 6xcluslvoly in tha c€rrylng out of the ploj6ct. a 3.05. Sgction Withdrawats ,rom tho Loan Accounl tn resOect ol WortG and Consulting S€rvlces shalt be mado only on account ot oxponditurgs ;eratinfto:_ - "' (a) Worl(s and Consutting Servicas which ar€ supptied from such momber countrios of AOB as shall hsv6 besn spocifiect by ADB from mo to time as oligibls sources for procuremenl; and (b) Works and Consutting SeNic€s which meet such other eligib ily requlromonls as shall have been specjfied by ADg trom me to t;o. 3.06. Sectlon The Loan Closhg Date for lhe purposos of Section 8.Oz of the Loen Regutetons shel be 3i Docembor 2Ote -or suct otrei SarJ as r" tlm€ b€ agro€d belweon the Borrow€r and ADB. -jvi,.i_ii_" 5 ARTICLE IV panlcular Cov.nrhir t e S 4.01. Seotion ln tho carrying out tho proj€ct and op€ration of Proj6ct lacimbs, porform, oi c€uso to be performeO, ar,'oUrigirtns q9r9w$ shalt lhe forth in Sahoduto 5 to this Loan Agroerhonl and the prolect Agreement. SecliOn 4 02 The Borow€r shall €nabte ADB,5 reprosentatjves to inspoct the Project, the Wo*s and any relevant records and documents. 4.03. (a) Section The gorrowor sh6 causg MOF to (i) maintain soparalo aceunls and records ,or ths Prolect: ( ) prspar€ annuat financiat stat€menls tor tne Proloct rn accordanco with Eccounttng principles acceptable to ADB; (iit) have such tinancial stat€m6nts audited annlalty by indepondsnt auditors whose qualitications, 6xperignc€ and toms of loferEnc€ ar€ aco6ptable lo AOB, in accordanco wiih lnlernational itanOaiO" fo, audltng or th€ natlonal equlvatent acceptablo to ADB; (iv) as part of each such audit, have the audilo.s propar€ a r6port (which includes the audilors, opinion on the u6e of the Loan proca€ds and compliance wllh th€ linandat covonants of this Loan Agreem€nt as well as on lho uso of th6 procodur€s for the impFst eccount(s) and slatemont -of expendituros) and a mana€emont let6r (which s6l8 out th€ d€flci€nctes in lh6 intornat controt of the projoct that w6re idontlfigd in lhe @urs€ ol ths audit, if any); and (v) furnish to ADB, no laier than 6 monlhs affer the 6nd of esch relsled fiscet ygsr, copi€s of such audit€d linancial statgirents, audit report and managem€nt letter, alt in th6 Engtish language, and such oth6r informalion concomtng these documentg and lhe audil thereoias ADBlhall f.om time to tirno reasonably r6quest. (b) ADB 6halt disclos6 the annual auditsd Unanciat statsments for lh6 Projecl 6nd the opinion of the audltors on the llhancial statements within 30 days of the date ofthoir rocoipt by postlng them on ADB'S w€bsit6. (c) The Eonow€r shall enabtg AD8, upon AOB,S r6quest, to discuss th€ fnanalal slatemonts for the Project and the Borow€/s financial affaiE whsle thoy r6l6t6 to th6 Prolecl with th6 auditoE appointed pursuant to subsgclion (axiii) h€reinabove, and sha authoriz6 €nd require any reprgsentative ol 8uch auditors lo particlpats rn any such djscugsions requosted by ADB. Thls ls povlded that such discussions 6hall b€ conducted only in the pre6€nc6 of an authoriz€d offic€r of lh€ Eorower, untess the Borow6r shall othe iso agro6. 4.04. a SEction Tho BorowBr shatt lake actions which shall bo noc€ssary on its p€rt to snable th6 MDF to perform its obtigations und€r th€ pro,ecl Agreemont, and shall not lake or pormit any actjon which would intedBro with ih6 performancg of such obligations. 6 A,RTICLE V E leotivsn.aa S6c.tion 5.01. The fo owing is spocfied as an additional condition lo a"crio-n-i..-o-i6' KsguE0ons: the ordinary operations Loan have b€en urli i*"cJ"o &regm€nt sh€ "f d€llvercd on bohalf of th€ Bonower and al c;nditions pr"*0""t to iG "no than a condition requiring th€ offsctiveness of Ihis Lo"" eg.o"-;"ijih6 "i"iii""J*"-Lm". ;;;;'b.;ffiriibd. gt:_:[flu-"n::":t.lno Loan Asreemenl ror rhi purposes ;il",i""" Sectlrn 5.02. Th€ fo owing is specilied aB an addition€l matt€r, for of Sodion g.O2ldl of rho Loan Regutarions, ro Oe rncrujJ in t f"_p-r]4*" or oprnron3 to Do tumtBhed lo ADB: thet tho Ordinary Opsra ons Loan AgreementoJri-ron tias b.un duly authorized by or rslified by, and ex€cul€d anO Oe,irerea on Uetrarr oi ir," ior.irr, is legally binding upon tho Borlower in accordanco wth lls t6rms. "nO Section 5.03. A dat6 60 days after thg date ot th|s Loan Agre€mont is of alaion'S:o; of u,e spociUed for the efiectiv€noss of the Loan Agro€rhonr tor th6 purposes Loan Regulotlons. ART:CLE Vl ●●:● 9atton of A● tho日 ty 継辮晰蝙 渤 認 躙 reemont and undOr Sectons 5 01 5 02, 503 鰤 漑 顧 憾 勲ド n躙 訛駕辮 棚蠍 員 蹄 密鋼 柵臨 剛 耀哩肥 洲 and shal̀have the same fOrce and Offect as iも o「 '『 器 ∬::酬 欄 蕊 熱協]膿 淵 冨 ∬議 絆 %柵 岬 ARTICLE Ⅵ I Misce‖ anoous Sedbn 7 The mmsbrdttnancelttlRlw:1損 as represontativo orthe BorrowOrforthe purpOses or sect on 蹴器:! 7 7.02. Soction The iollowing addr€ssos are spscitied lor the puDosas ol Sodlon 1 1 .01 of the Loan Regutattons: For the Bonowgr Publlc Oebt and Exemat Finenc€ D6partm6nt Mini6ty of Financs 16 Gorga8sli Str6et, 0.t 14 Tbillsl, c6019ia Facalm116 Number: (9S532)2261 46.t. FoTADB Asian Oovelopmonl Bank 6 ADB Avenue Mandalulong Ctty 1550 Metro Manfla Philippin€s Facslmile Numbers: 1632) $A-2444 (632) 636_2301. lN WITNESS WHEREOF tho parUss hersto, acting through their ropres€r(ativeB thErcunto duly autho zod, have c€us6d this Loan Agreomo;l to b€:ionsd in thor lBlpoclive namss as ot tho day and y€ar flrsl above written fo o. O"ri*rJ U" pdndpal ofilce ol aDB. "ia "i Gε ORCIA 0lllrlTRl GVINOAD Minisler ot Finance V ASIAN OEVELOPMENT ResidBnt R€presontativ€ G€orgla Resident Mission 8 SCHEDULE I D..c.tpoon ot th. proloct 1. The oblectivo of lha lnvsstment program is to improve efic€ncy, and affordabitity of u.ban trampo( tnfrast ucluro anOiervices.- 2. rettab ty . As parl of tho lnvoslm€nt progmm, th€ projoct aims to improve urben transpo( lnfrastuclur€ and 6€Mc€s in ssbfu ;unicipa tiss. 3. - Ths ProJoct ghal consist or: (a) conslruction of t\/o s€ctions of a four-lane road (ol an aDDroximalo a9gr60at6 lanoth of 10.6 kitorn6t6rs) botwo€n the city ot Tbii;i and th€ city ot Rustavii (b) (c) ▼ conslruction of a 15'l meters two-16n6 brictge over tho Areovi River bet /6on tha clty of Mtskhoia and thg nationaie€st-w€st highw;y; and provlglon of proJ€cl lmptemgntation suppon (this inctud€s a$istanco ln constnrction gupgrvision, procurament, financhl maneqomenl and onvironmontrat and soctat ssteguads, and provision o, lina-nclal audits) and capactfv developmont on bridgo constructaon and maintsnani;. 4. Tho project ts exp€ctgd to be co.npteted by 31 Juty 2018. 9 SCHEDuLE 2 Amor12at10n Schedulo (Su3tainable urban Transport:nv● 8tmOnt PrOgram― PrOle Oate Pavment Due 16 0anuary 2o21 15」 uly 2021 15」 anualγ 2022 15」 uly 2022 15」 anuary 202Э 15」 uly 2023 15」 anualγ 2024 uly 2024 '5」 anuary 2025 '5」 uly 2025 15」 15」 anuary 2026 15」 uly 2026 15 Janualy 2027 15 July 2027 15」 anualγ 2028 15」 uly 2028 45」 anuary 2029 15 Juv 2029 15 January 2030 15」 uly 2030 15 January 203, 15」 uly 2031 15」 anuary 2032 15」 uly 2032 15」 anuary 2033 15 July 2033 15」 anuary 2034 15」 uly 2034 15 January 2035 ▼ 15」 uly 2005 15」 anuary 2036 16」 uly 2036 15」 anuary 2037 16 July 2037 15」 anuary 2038 15」 uly 2038 15」 anuary 2039 15」 uly 2039 15 January 2040 15」 uly 2040 鋏Dra口 ng Rthts)・ 221,646 221,646 221.646 221.646 221.646 221,646 221,646 221,646 221.646 221.646 221,646 221,646 221.646 221.646 221,646 221.646 221,646 221,646 221.646 221,646 221.646 221646 221.646 221,646 221,646 221.646 221646 221,646 221.646 221.646 221.646 221.646 221,646 221.646 221,646 221,646 221,646 221.646 221.646 221.646 2) 10 Schedule 2 Oale Pavmont Duo (OXpr03SOd in Spocial D「 8w nO Rlghts)・ 15」 anuary 2041 15 July 204, 15」 anualγ 2042 15」 uly 2042 15 January 2043 15 July 2043 15」 anuary 2o44 15 July 2044 Tolal 221,646 221,646 221,646 221,646 221,646 221.646 221.646 221,638 10,630,0∞ V V Th! 6mn9.dt nb tor p6ym.^t 5l! llrbj€ct lo lh. pov,tonB ot s€ctionE 3.04 and 403 RoguEnon.. ot th. Loan 11 SCHEDuLE 3 利 locatlon and WIthdr● wa:Of L● an PrOc● ●d8 6oneral 欄 蘊 蛛 ζ 鐵淵 計 櫛 Ⅷ 騨 sis for Withdrawal from . Exc6pt es AOB m6y olheMis€ agree, the proc€eds of th6 Loan shall be ?: diebursod on th6 b6sis ot th6 withdraf,€l p€rc€nta-g" fo, ite. Jeipeniirril"eti",if, i" th6 Tabl6. "rcf, lntelest Charoe amounl altocsted to Cat€gory 3 is for finanong the hlersst charge on th6 :Loan ounng _ _.tn6Th€ rmptemgntation p€dod ofth€ proj€ct. Roallocation 4. Notwithstanding the a ocation of Loan percentagss sot lorth In tho Tabl€, proce€ds and th6 wilhdrawat 蹴電1楓 鱗 繹 鳶 働魂鼈 壇l][盪 北 綿罐 Ъヤξ :辞 酬出総 鵬 酬需酬鰤 静 む 薦譜 熙IWi蠅 1葡蔀∬ 憔酬 O口 non d ADa a nd nOoded o mOet o響 : ,a::『 i騰 鼈 需Ъ 織 『朧,掲 』 馴 濯議:誦 ::‖ 81場 鵬:=hADBa精 鴇鷺 : : 。 Ods shtt be dsbu¨ dh 。 に an∞ 「鷺 口 1::調 醐]謎 詰調:i:鶴ineLoanpЮ 。 RetЮ act vO日 nanchO 淵1 L輔騨榊鶯醐 1講l灘 驚 ]戦 1群 Attachment to Sch€dutell TABLE (Su● tainabl● urban Tran8P07tinVestnent Program― Nurhb.r Itom otelArhount AJlocatod lor ADB Flnanclng (sDR) VVorks 8,312000 Consulting Servic6s 750000 lnterest Charoe 223.0011 Unallocated 1346.000 Tolal 10.639,000 ̀ 2 4 Baslr for Withdrawal from the Loan Account 20% of total expendtture claimed' 20% of lo0al oxponditur€ clairned' 100% of amounts du€ ' Erclu3av€ ot laxes and dules tmpGod within ti€ tsftitory of he Bonower V PrOlect 2) 13 SCHEDULE ' Procurrlnant o, Work! and Conaultng Servlcoa Genoml 1. The procurgmenl ot Works and ConsulUng S€rvicss sha be subjeci to and govem€d by lhe Procuremont Guidolinss, end the Corcutting Guidslin€s, resp€cliv6ty. 2. All tsrms used h this Schedule and not otherwise d€fined in this Loan Agreemont have lhe m€snings provi(t€d ln the procuromenl Guidellnes and/or the Con3ultng Guidelin6s, ss appllc€bt6. Woaks Except as AOg may otho'waso agree, Works shal only be procur€d on lhe basis of lnlernational Compotitive Badding. 3. 4V Th6 msthod of procurement ls subject to, among other thjngs, tho dotailed atangomgnts and throshold valu6s s6t forth in the Procuremont Ptan. Th6 Bonow€r may only modfy th6 mothod of procurom€r or threshold valu6s with tho prior agre€m€nt of AOB, and modmcetion6 musl bo set out in updates to th€ Procuremsnt ptan. Condltlons tor Award of Contract 5. Tho Bonow€r shall noi a\A/ad any Wor*s conhact which jnvotv€s onvlronmental impacts until MDF has: (a) oblained the finat approvat of th€ IEE from the approprht6 autho g of lhe Borower: and (b) incorporsted ihe rolevanl prcvisions from th6 EMp into the Wofts contracl. 6. Tho Bonower shall nol award any Works contract involvrng involunlsry rsottlemenl lmpactE until MoF has plBparod .nd submtttod to ADB the finat LAhp bas6d o; the dotallod deslgn, and obtained ADB,S ctoarance of such LARP. Consulllno S6Mc6s ‐ 7. Erc€pl es ADB msy otherwiso agro€, th6 Bonower shall €osuro thal MDF 8. The Eorolt€r shall onsure that MDF rscrult the individual consultants rn apply quellty- and costbas€d gotec{ion for sotectng and engaging Consultng Sefvices. accordanco with proc€dur6s acc€ptabte to ADg for r6cruiting individual consufta;ts. lndustrial or lntelloctuat Prooortv Riohts (e) Tho Eorow€r shal en3ur6 thst a Works procured (inctuding wilhout 9. . limltalion ell computor hardwaro. sottware and syst6ms, whethsr sep"rit"ty pi&;ied ol' 14 Schedule 4 incoDorated within other goods and servicos prooJr6d) do nol violata or infrlnge any industrlal propo.ty or inlolleclual property rtlht oI clalm of any third party. (b) The Bonower shall onsure that all conkacts for lhe procurement of Works contaln aipropdale r6prosentations, warranties and, if appropdat€, indemnili€8 from thg contraclor or supplier with rogpoct to the mattors refensd to in subparagEph (a) ol this paragraph. 10. The Bonowor shall ensuro thal 5ll ADB_fnanc€d conlracts wlth coBullants contain appopriat€ rgprssontations, warranlios and, lf apprcp al€, ind9mnlti€s from tha consultants to ensure that Consultino Soruices provlded do not violate or infringe any industrial poperty or intolloctual prop€rty rlght or claim of any third party. ADB'S Review of Procurement Oecisions 11. Contrads procured undor int€m€llonal comp€titlv€ bidding proc€durcs and confacts for Consulting Sorvic66 shall b€ sublecl to prlor roviow by AOB, unless oth6rwis€ ag€6d betw€€n tho Bonowsr 6nd ADB and sel fo(h in the Procuremont Plan 12. Th€ Bonow€r shall seok AOB'S approval bofor€ iti (a) gEmts any extenslon of the stipulated timo for compl€lion of a contract for Wod.s: or ▼ (b) agreos to any modmcation or walver of th€ conditlons ol a conlracl for Works, including any change oderlhat falls under (c)or (d) bolow; or (c) issug6 any chango ord6r und$ a contrac't for Works that will ln aggr€gate ind6a36 the original contEcl prico (Ior the avoidancs of doubt, 6uch aggregate shall take into account any pr€vious or simultaneous change oador or orde6 under such @ntroct); or (d) issu€s any chango ordor und€r a contract for Works that will aflect mor6 than 15olo ol th€ orlginal conlract prics (either through inctoas€s or docresg6s), even il th€ n€t €ff€ct of such change order wjll nol in sggr€gat€ lncreas6 lh€ odglnal contrac'l pric€- For lhs avoid6nc€ of doubt, such aggregat€ shall take lnto account any Previous or simultaneous chango odor or ord€r! und€r such conbact, 13. ADB shall rsspond to 6ach requogl for approval undo. paragraph 12 abovo within 10 buslnoss days (in li,lanila) of AD8'6 recoipt of such request. Such response wll indic€te that th6 r€quost is (a) approved, (b) declinod, (c) ponding receipt of addilional lnformotlon ol documontation, or (d) ponding consideration by ADBs Procuroment Commitoo, in €adr case as dotsrminod by ADB. lf ADB fails to respond within 10 business days (ln Manila) ol AoB's recsipt of suc+r rgquesl, the requost (6xcept if il rolates lo consldoration by th€ Procurement Committ€o) thall be deemed io havo bosn approved by AOB. ln th€ c€sB of (c), lhe Borowsr shall promptly provldo the roquested informatlon o. docuh€ntation to ADB and ADB shall respond to lhe rolevant roquest within 10 business days (in Manile) upon rocoipt of such requ66ted information or documsntatlon satisfsc'tory to A0B. ln th€ case of (d), ADB shall notify th€ Borrowor of th€ declsion by the Procuromonl S.hedulo 4 Commi(66 wlthln 10 busin€ss days (h lr.tanila) of 6uch decision by the prodrramont Committ66. 14 The Borrou/€r shall, or shall Bnsure that MDF will: (a) provide to AOB withtn 10 days a copy of all tim€ extenslons, modifications or waiv€rs lo the contracls (includlng chang6 oders) folioMng ADB'S approval in accordance with paragraph 12 above and amohdment ot tho contracts; and (b) malnteln a rocord of 6ll chsngo ord€rs under all confactg for Workr which do not roquire AD8's prlor approval under paragraph 12 6bovo and subrnh such record for AOB'S review €v€ry 6 months, V V SCHEDULE 5 Ex.culton o, Prol.cil; Fln.nciat attorg lmolomentatlon Arenogments 1. Tho Bonower and MDF shal ensuro that th6 projocl is lmptgmented in accordancg with the detailod arangements s6l forth in tho pAM. Any subsgquent chang6 to th€ PAM shall bscome efi€ctive onty afr€r approvat of such chang€ by ths Borrow€;ond A0B. ln thg avent of any discrepanq betwo€n th€ pAM and this Lo,n Air€oment and/or the Proj6ci Agr€ement, thg provistons of this Loan Agrsoment 6nd/or the project AgGomont shall prevail. Environm6nt 2. The Borrower shalt c€us€ MOF to ensure lhat ths pr€pahtion, d6sign, construction, implemontation, operation and d6commissioning of the proioct comply with:ia) all applicable laws and Egulations of tho Eorlower rslatlng to gnvironmgnt, health, and Eafety: (b) the Environmental Safeguards; (c)the EARF; and (d) alt measures and r€quir€ments s€t fonh in lho r€apsctlve IEE and EMP, and any con6ctiv6 or prsventative actons s6t forth ln a Sgfoguards Monlloring Reporl. Lend Acoulsltlon and lnvoluniarv Ros€tll€m€nt 3. Th€ Borrov\€r 6hall cau8€ lhe MDF to onsure that all tand and ali rights-of-way roqulrcd for lh6 Project aro mado avallable to the Works contractor in accordanc€ wth the schedule agroed und€r th€ rolatsd Works contract and all tand acquisitlon and r6s6l{€ment aclivities al€ lmplemented ln cohplianca w[h: (a) all applicabte taws and regutations of the Borowor rolating to land acqulsltlon and lnvoluntery ros6ltlem6nt; (b) the lnvotuntary Rosetuemont Ssf€guards; (c) th6 LARF; and (d) all m€asur€9 and r6qulroments s6t forlh in tho reapectlve LARP, and any corrective or preveniativo actlons sel lorlh in a S6togu6rds Monltoring Report. 4. Wlthout lirnltino the applicalion of tho lnvoluntary Resotttoment Safeguards, lh6 LARF or th€ LARP, lho Borowor shall €use MDF lo €nsur6 that no physicat or oconomlc displac€mont lak€s place ln connoction with the Projecl until: (a) (b) compens€tion end other ontitlements have been provided to affected p€opl6 in accordaflc€ with tho LARP; and a comprehenslve income and liv€lihood restoration program has bson establish€d in accordanco with lho LARP. lndloenous P6ool6s 5. No impact on lndigenous people under the SPS Is Bxpected for lhe Proj€ct. ln tho 6v€nt lhat thgrs is any such impact, lhe Borower shall cause MDF to ensu.e that lt adhoros to spplicable lawE and r6gulations of lhe Borrower and the SPS. lf ther6 is any dlsctopancy batws€n tho SPS and the Bonows/g l6ws and regulations, th6 SPS shall provail. 17 Schedule 5 Huraan and Financial Resources to lmoement Saf6auaads R€ouirem6nls 6. The Borrower shell csuse MDF to make avaitabto necessary budgetary and human resourcos to fully implement the EMP and th6 LARP. Sateouards - Rolalod Provisions in Biddino oocuments and Wo*s Contracts 7. The Borlowor shall cause MoF to ensure that alt bjdding documents and contracts for Woaks contain provisaons that require contmctors to: (a) (b) comply with lh6 moasures end roquirements relevant to th€ cont.actor sol forth in the lEE, the EMP and th6 LARP (to th€ extent thsy concorn impacls on aflocted people during construcllon), and any corecltve or proventativ€ ections s6i out in a Safeguards Monitoring Reporti make avallabl6 a budget for all such €nvkonmontal and socisl m6asures: provide the Bono\N€r wlth a wri(sn notice of any unantlcipaled environmental, res€ttlomonl or indigenous peoples dsks or impacts that ads€ during conllruction, lmpl€mentation or operation of th€ Proiect that werB nol considersd in the lEE, the EMP orthe LARP: (d) adequaloly roclrd th6 condition of .oads, agricullural land and other infaastruclura prior to starting to lransport materlals and constructbn; and (0) fully roinsl,at€ pathway6, other local infragtructuro, and agricultulal land to at least lheir pre-projocl condition upon th6 complotion ot conslrucllon Saf€ouards Monitorino and R6oodino 8 Tho Bonowsr shall cause MDF to do th€ following: (a) submit s€mi-annual Saf€guards Monitodng Reports to ADB and discloso rolevant inlormaton from such reports to alfecled persons promptly upon submisBion; (b) if any unanticipated onvironmental and/or soclal risks and impacls a se during congfucllon, implemontation or opeEtion of the Plojgd that wsr€ not consjdered in the lEE, th€ EMP or th6 LARP, promptly lnfoam AOg of the occurrenc€ of such risks or impacts, with detailed descripton of the evont and proposed con€clive action plan; (C) no lal€r lhan 3 month3 att6r the Effoctivo Date, engage qualifiod and exp€rlonced sxtemal oxperts or a qualifiod NGO und6r a selectjon proc€ss and ledns of referonc€ accoptabl€ lo ADB, to vorify information produc€d though the Proj€ct monitoring proce6s, and 18 Sch€dut€ 5 fecitttats the carrying out of any verlfication activlties by such axtelnat experts;and (d) roport any actuat or potootiat broach of comptiancs with the moasurBs and requirem€nls set forth in the EMp or lhe LARP promp y afl6r bocomlng awa.e ot tho broach. Prohlbitod List ot lnv6stments 9. Tho Borrowsr shalt cause MDF to snsure that no proce6ds ol the Lo6n arB usod to_fnance any a.ljvity induded in the llst of prohtbltod investmont ac vjfles provldod in App€ndix 5 ot th€ SPS. Health and Labor Standed6 10. Tho Bonovt/or shall cruse MOF to onsure lhat contraclors ongagod under ihe PO€ci: (a)-comply wilh a appticsbto tabor taws and rogulailons ol th€ B6riwer; (b) use b€:! 9fioft: ro gmploy womsn end ,ocat peopte, including disadvantaged peopti, iivlng !h6-f intlo vlcinlty ofih6 Projecl; (c) provide equal pey to m€n and womon for w-ork of eiuat type; (d) provido and 6d6quately 6quip fir3t.aid, heatth snd sanitation, and p€rsonot hyg;ono facilltlos tor mals and female u/orker3 al the projsd site: (s) conducl ari tnformattori' anO oducation campalgh on rexually transmitted diseasos and HIV/AIDS lor construction wgft€rs 65 parl of the hoatth and ssf€ty program at campsltes and adjacent communitios durlng Paoj6ct implomsotalioni snd (l) abstain from chitd labor. Contlads flnenced und6r lhe proloa 6h€lllnclude spscllic provlsions on th6s6 r€quiremonts. Gondd and D€voloomont 11. Th6 Bonowgr shall caus6 MoF lo ensuro thati (a) th6 gendor action ptan ts ifiplemented in ac@rdanc€ with lts t6fms; (b) th€ biddlng documents lnctude rol€vant provisions for conlractoE to comply with the measures s€t forth in the 96nder ac on plsn; (c) adequeto reaources sl€ ellocatod for the imptementation of th6 gendor aclion ptanj and (d) koy gonder ouicoms and output taeots are monitored regutady a;d adlieved. Govomanc! end Coruodon 12. Tho Borrow€r and MDF sha : (a) compty with ADB,S Ahticonupuon potjcy (1998, as amanded to dat€) and ackowtedge that AOB r€serves the righl lo investgato dlrcc{y, or hrough its 6gonts, sny all6g6d corupt, fraudulont, coltuslve orioercive prs;tb€ relotlng to the Prq€d; and (b) cooporate with any such invostigation and oxtend a[ n€c€$ary assislancB for s€llsfactory complotlon of such inv€stjgation. 13. The Borow 6hall caus6 MOF to ensure that th6 anticoruption provisiong acc6ptabl€ to ADB are lncludod tn all bidding documents and contracts, lncludlng provlslons specfying th€ right of ADB lo audlt and oxamtne tho r€cords and a@ounts of th; executing and implementing ag€ncies and att contractoE, supptiers, consuttants, and oth6r s€ryico providoB as they rolato to th6 Prcreci. 19 Scheduto o OoeEtional Cownants 14. Th€ Borrolvor shatt caus6 MDF to 6nsur6 that: (a)the proj€ct is imptom€ntsd Ih accordance with destgn spocifications and conslruction norms; a;d (b) cdnstruction supervlslon, quality control and confact managoment ar€ pedormod in accordanco wilh int€rnational slandards. 15. Th€ Borrower shalt 6nsure thal the relevant municipalitios or authoriti$ instal appropdate safety si,Jns and faci[tios during tmplem€ntation and ensur€ monilortng of th6 accllent rate and traffic volume. 16. The Borrow€r snd MOF shafl ensurB thal ADB'S cons€nt is obtained at least 6 months prior to th6 implsmontration ot any of the to owlng: (a) any change in owlrer6ht9 c{ any a$et, tacllity or strucluro fin6n@d und6r the Projecl; (b) any sat€, transfer, or a8si0nrh€nt of interost or controt in any assot, faclity or struclure flnanc;d und6r th6 project; (c) rcvislon, amendment or r€statemont of MOF,S Chartor thal may affoct impl€menlato; or management of the Projec,t; or (d) any l€as6 or other contract or modmca on of tho funcuons and authority of MDF ovg. operation and maintenanco of any such asset, tacility or struciuro llnsnced undor th6 Proj€ct. Ths Borro\N€r shatt ensure that any such changss wilt be cani6d out in 6 l€gal and transparont manner. ツ