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Lesson
If requirements on submission of audited project financial statements are properly formulated and covenanted, made realistic, and firmly understood by the executing agency, and timely actions are taken, they will ensure satisfactory implementation of financial covenants.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program (Tranche 1)
Report Date:
Lesson
The project performance management system, which is necessary to provide the data for the identification and quantification of economic benefits, should be established at the project preparation stage with baseline data collected and maintained through implementation to project completion.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
For investments of a regional character, it is important to assign economic benefits to the appropriate country, if not, economic viability of the investment may be grossly misrepresented.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
A country specific EIRR and economic net present value would have to follow to put the investment in proper perspective

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
To confirm the economic viability of the regional plan and then identify which countries benefit or do not benefit, an economic internal rate of return (EIRR) for the region should be prepared in the first instance of the regional investment.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
As part of the economic rationale for the project, private sector involvement should be considered for all projects proposed for ADB financing; this is particularly important for former centrally planned economies where the private sector is not yet fully developed.

Project Number: 45120-003
Project Name: Samarkand Solar Power Project
Report Date:
Lesson
Effective development of competitive markets for infrastructure development require a policy framework to provide for project selection, development, tendering, bid evaluation, and contract management; therefore, donors should be careful before promoting competition in water supply and sanitation without a framework and internal capacity in place.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
Economic and financial analyses should be consolidated to provide a snapshot of individual micro-targeted interventions and a macro-level view.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
The level of internal government cooperation greatly affects the ability to address procurement and approval activities.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
While public-private partnerships (PPPs) can help improve service delivery, this is a greenfield for Uzbekistan in view of the newly drafted PPP law. Thus, simpler management contracting could have been the more viable option.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
Efficient and effective utilization in terms of reallocations of project financing is imperative to maximize the achievement of project outputs.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
Critical elements of the outcome must be identified as early as possible and addressed either through additional funding or technical assistance prior to loan closing.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
The cornerstone of effective programs is to ensure that the building blocks for acceptable management are in place; therefore, ADB should seek opportunities to ensure that coordinated and consistent project management procedures and practices are developed.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
1. Regulatory bottlenecks (such as regulatory procedures on foreign exchange and restrictions on cash transactions) that affect implementation need to be assessed more comprehensively, reviewed at appraisal, with the relevant agencies proactively involved in addressing the issues.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date:
Lesson
2. Plans should have been incorporated in the design to include a rigorous impact evaluation that establishes data from a baseline survey at the onset and another one after the project.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date: