Extending project closing dates can result in stronger outcomes. The final review mission agreed to the use of bank guarantees so Ministry of Education, Youth and Sport (MOEYS) could issue contractor checks for work extending beyond loan closing, including payments for amounts withheld during the defects liability period. With some activities occurring after project completion, there was a lack of adequate oversight by MOEYS, resulting in quality issues in building construction and finishing. The delays also contributed to poor management of some SRCs because of inadequate training of staff. It would have been more prudent to allow for a project extension for the adequate completion of these activities. [Main text, para. 60]
Second Education Sector Development Program