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Lesson
Annual audited project financial statements covering only the physical implementation period may not capture all project-related expenses and loan disbursements. To facilitate the reconciliation of project accounts with ADB records, financial auditing shall continue until project financial closure.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
For ADB to follow up efficiently on safeguards and financial management compliance, reinforce timely reporting requirements, and to make recommendations on any corrective measures, it is recommended that safeguards and financial management staff participate in review missions.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
The need for some project outputs can decline over time, for several valid reasons. While it is important to avoid unnecessary investments, it is also important to record such changes to note these reasons and revise the design and monitoring framework on time.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
If the project outputs considered in the project designs are not fully assigned to the implementing agency, delivery of those outputs is unlikely. Therefore, all outputs considered at project appraisal should be identified with an implementation arrangement at the design stage and validated during implementation.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
If consultants are required to implement, supervise, monitor, and report safeguards, any delay in their engagement can lead to gaps in the safeguards measures implemented as part of the project.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
Objections by affected persons against development projects such as the construction of transmission lines can be reduced if the laws and procedures relevant to the project are communicated to stakeholders at an early stage through consultations and public information dissemination. Despite receiving a court order in favor of the process followed, delays caused by such objections and legal challenges can have significant costs and other implications, making early resolution of issues a key priority.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
Inaccurate engineering designs at project appraisal, especially when equipment and/or components essential to the project performance are not considered, can increase project costs during project implementation and may even cause delays because of a lack of loan funds. Therefore, additional financing sources and longer implementation periods shall be considered for projects without detailed and accurate designs.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
Effective and efficient implementation of large-scale land acquisition and resettlement activities depends on strong political will and commitment at all levels of government. An executing agency needs to be proactive and initiate close working relationship with local authorities to resolve identified issues on the ground. ADB needs to be kept well informed of major issues. Prior approvals need to be sought from ADB based on established procedures.

Project Number: 41414-043
Project Name: Greater Mekong Subregion Ben Luc –Long Thanh Expressway Project – Tranche 1
Report Date:
Lesson
Performing adequate due diligence at appraisal is important to develop a realistic implementation plan and timeframe, considering borrower's and executing agency's capacity across institutional, financial, and operational aspects. Identifying and implementing risk mitigation measures and giving adequate early support is crucial in minimizing delays.

Project Number: 41414-043
Project Name: Greater Mekong Subregion Ben Luc –Long Thanh Expressway Project – Tranche 1
Report Date:
Lesson
The continuous longer-term involvement of the same mission leader and other qualified ADB staff from the design stage until the end of implementation of the three subprograms is important to the success of this program. Familiarity with local institutional challenges and personnel in the government is important for a complex reform program such as this one to achieve progress.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
The importance of a comprehensive strategic framework that broadens and deepens financial inclusion based on robust diagnostics and analytical work. The rationale for reform and policy actions are to be drawn from these diagnostics, and actions are prioritized and sequenced in addressing the constraints and bottlenecks. Regulatory constraints, institutional capacity limitations, deficiencies in technology infrastructure, and extent of financial literacy need to be clearly identified and assessed based on the analytical work.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
It is important that the TA is appropriately designed to support the delivery of expected outputs and that it is implemented in a timely manner. The program demonstrated the role of a well-designed TA in supporting completion of reforms across the three subprograms and building capacity of the implementing agency. It is also essential that the timing of activities is aligned with the sequencing of policy actions so as not to undermine the achievement of outputs.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
Often, not enough consideration is given to developing DMF impacts and outcomes that can be easily assessed in post-project evaluations.

Project Number: 44198-013
Project Name: Power Sector Rehabilitation Project
Report Date:
Lesson
Terms of reference should be agreed by all pertinent stakeholders well before implementation to avoid costly delays, especially when there are complex issues to be resolved.

Project Number: 44198-013
Project Name: Power Sector Rehabilitation Project
Report Date:
Lesson
Contracts need to be carefully packaged (the initial Toktogul HEPP contract should have been broken into separate lots, while the two separate KESC packages for server hardware and MDM/AMDA software packages should have been combined to improve compatibility)

Project Number: 44198-013
Project Name: Power Sector Rehabilitation Project
Report Date: