Public Disclosure Authorized Public Disclosure Authorized Implementation Status & Results Serbia Transport Rehabilitation Project (Serbia) (P075207) Operation Name: Transport Rehabilitation Project (Serbia) (P075207) Project Stage: Implementation Seq.No: 19 Status: ARCHIVED Archive : 26-Sep-2012 Country: Serbia Approval FY: 2004 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Public Enterprise Putevi Srbije Key s Board Approval 25-May-2004 Original Closing 31-Dec-2008 Planned Mid Term Review 15-Nov-2006 Last Archived ISR 29-Jan-2012 Effectiveness 07-Sep-2004 Revised Closing Actual Mid Term Review 10-Dec-2007 Project Development Objectives Project Development Objective (from Project Appraisal Document) To assist the Government of Serbia in reducing cost and improving safety for road users through: (a) improving the condition of selected road sections of the main and regional road network; (b) improving the effectiveness of road maintenance through the introduction of performance-based contracting in two pilot regions; and (c) introducing safe road design principles, road safety audits and targeted improvement measures. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) losure Authorized Public Disclosure Authorized Component Name Component Cost 1. Performance Based Road Maintenance 10.65 2. Road Rehabilitation and Safety Improvements 84.96 3. Goods, Consulting Services, Operating Costs and Training 6.70 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview An IDA Credit in the amount of SDR 37.5 million (US$ 55 million equivalent) was approved by the Bank for thetransportrehabilitation Project on May 25, 2004 and become effective shortly after on July 9, 2004. The original closing date forthe IDACredit was December 31, 2008. On June 20, 2007, the Bank approved Additional Financing for the Project in the amount ofeur36.8million (US$50million equivalent) through an IBRD loan; the closing date for the IBRD loan was June 30, 2011 and the closingdate for the IDA Credit was also extended to June 30, 2011. The IDA Credit closed on June 30, 2011. The IBRD loan closing date wasextended for the first time in March 2010 to December 31, 2011, and Page 1 of 7
subsequently a second time in November 2011 to June 15, 2012anda third time in June 2012 to September 30, 2012. The additional financing became effective on December 16, 2008, 18 months afterthe board approval. Main reason for delay in effectiveness was elections in the country that took place after the BoardApproval.During this period, the priorities for rehabilitation on the main and regional road network changed, and the roads proposed earlierwere rehabilitated using the budget of Public Enterprise Roads of Serbia (PERS). The length of road to be rehabilitated in theibrd project has increased from 112.5km to 156.6 km, which required a change in the amount of the IntermediateOutput for thiscomponent in the Results Framework. Good implementation progress of the Project has continued since the last full implementationsupport mission in July August 2012. Work on eight of nine sections undergoing rehabilitation and all agreed accident black spotimprovements have been completed and work on the remaining road section is progressing well. All consulting services under theproject have been completed successfully. All contracts under IDA have been completed successfully.unfortunately, due to theheavy fluctuations of the exchange rates, US$ 1.3 million equivalent of IDA funds has been canceled. As of September 5,2012,disbursements amounted to 90 percent (US$104.0 million) of the total loan and credit funds within the project.ida credit hasclosed on June 30, 2011. Of the total IBRD loan funds US$ 40.78 million out of US$ 50million or 80 percent have been disbursed - upfrom 66percent in May 5, 2012. There are no outstanding audits, financial management reports are satisfactory and the project'sdevelopment objectives continue to be achievable within the project closing date period. The Ministry of Transport,the Ministry offinances and Economy, and Public Enterprise Roads of Serbia confirmed their continued interest in the new RoadSafety andrehabilitation Program under preparation by the Bank. Locations Country First Administrative Division Location Planned Actual Serbia Central Serbia Zaječar-grad Serbia Central Serbia Opština Paraćin Serbia Not Entered Osnić Serbia Not Entered Lubnica Serbia Not Entered Krivi Vir Serbia Not Entered Kraljevo Serbia Not Entered Kragujevac Serbia Autonomna Pokrajina Vojvodina Opština Inđija Serbia Not Entered Celije Serbia Central Serbia Opština Boljevac Serbia Central Serbia Belgrade Serbia Not Entered Ravni Gaj Serbia Not Entered Zminjak Page 2 of 7
Country First Administrative Division Location Planned Actual Serbia Not Entered Valjevo Serbia Not Entered Sabac Serbia Not Entered Prnjavor Serbia Not Entered Loznica Serbia Central Serbia Opština Nova Varoš Serbia Not Entered Kolubarski Okrug Serbia Not Entered Macvanski Okrug Serbia Not Entered Raski Okrug Serbia Not Entered Sumadijski Okrug Serbia Central Serbia Zaječarski Okrug Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Defined reduction in vehicle operating costs (in Percentage Value 0.00 12.60 15.00 %) for road users by car, on priority sections 01-Oct-2004 442.4 is average value of VOCs on all IDA financed sections 386.1 is average of VOCs on all IDA financed sections after works have been completed. Satisfactory piloting of output and performance based contracts in the two pilot regions. IBRD sections have been just recently completed and the VOC values are not available yet. Yes/No Value No Yes Yes 01-Oct-2004 No experience with OPMBC approach Pilots projects have been successful. Solid experience with PBC approach based on contracts in two pilot regions. A plan to roll out the PBC to all 25 regions in Serbia.EU IPA grant money should be used Page 3 of 7
Number of road traffic accidents reduced by 5 percentage points on project sections Defined reduction in vehicle operating costs (in %) for road users by car, or IBRD financed sections to finance preparation of biding documents and education of the contractors. Percentage Value 0.00 3.00 5.00 23-Nov-2010 PEPS now has the baseline data - average number of accidents on IDA financed sections is 10.8. Average number after works on IDA financed sections is 10.4, but there are concerns over the quality and reliability of the data received from the traffic police. Data will be investigated and updated once data for newly completed sections are collected. Percentage Value 0.00 0.00 10.00 23-Nov-2010 393.8 is average value of VOCs on all IDA financed sections TThis reflects the work on the IDA-financed roads only, since the sections under the IBRD project either have been just completed or are still under construction. Data will be updated as soon as data for newly completed sections are collected. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of km of highway rehabilitated within Kilometers Value 0.00 299.00 321.00 project 01-Jan-2005 This does not include the roads within the pilot regions Up from 310 km, following restructuring of project. improved as part of those contracts. Cumulative reduction in unit costs for Percentage Value 0.00 46.00 10.00 maintenance activities in two pilot regions 31-Dec-2004 Cumulative improvement over the three year period. Page 4 of 7
Length of road in lane km covered by road Kilometers Value 0.00 270.00 100.00 safety audit 01-Jan-2005 Out of these, 17.15 km have been audited by independent auditor, 208.17 km by supervision consultant road safety specialist, and 44km by PERS road audit accredited staff and/or Swedish international Development Agency (SIDA) consultant. Number of accident blackspots address in Number Value 0.00 18.00 15.00 project 31-Dec-2005 9 addressed under IDA credit, 9 under IBRD loan. Roads in good and fair condition as a share of Percentage Value 57.00 82.80 75.00 total classified roads 01-Jan-2008 As per the latest "Road Network Analysis" prepared by PEPS (2011) Size of the total classified network Kilometers Sub Type Supplemental Value 13352.00 13352.00 13352.00 Roads rehabilitated, Non-rural Kilometers Value 0.00 299.00 320.00 01-Jan-2005 This does not include the roads within the pilot regions improved as part of those contracts. Up from 310 km, following restructuring of project. Database for road and bridge condition, traffic and accidents is established and operational Remaining 21 km is under construction and are expected to be completed by the project closing date. Yes/No Value No Yes Yes 01-Jan-2005 Established and operational. It is advisable to improve user interfaces as well as interface to the HDM4. Page 5 of 7
Data on Financial Performance (as of 07-Sep-2012) Financial Agreement(s) Key s Project Ln/Cr/Tf Status Approval Signing Effectiveness Original Closing Revised Closing P075207 IBRD-74630 Effective 20-Jun-2007 27-Jul-2007 16-Dec-2008 30-Jun-2011 P075207 IDA-39090 Closed 25-May-2004 09-Jun-2004 07-Sep-2004 31-Dec-2008 30-Jun-2011 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P075207 IBRD-74630 Effective USD 50.00 50.00 0.00 40.11 9.00 80.00 P075207 IDA-39090 Closed USD 55.00 53.70 1.30 55.72 0.00 104.00 Disbursement Graph Key Decisions Regarding Implementation There are no key decisions in respect of disclosure at this time. Restructuring History Level two Approved on 10-Mar-2010, Level two Approved on 12-Mar-2010, Level two Approved on 10-Jun-2011, Level two Approved on 12-Dec-2011, Level two Approved on 14- Jun-2012 Related Projects Page 6 of 7
P096206-TRANSPORT REHABILITATION ADDITIONAL FINANCING Page 7 of 7